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13 Dec
08:01

Baosteel expects flats prices to stabilise in January

Major Chinese steelmaker Baosteel has maintained offers for most its flat steel products in January due to low expectations for a demand resumption, Kallanish notes. Flats quotations including for hot and cold rolled coil, plate, pickling, galvanized products have seen no changes, as well as electro-galvanized, galvalume products and non-oriented silicon steel. Meanwhile, Baosteel has cut colour coated steel offers by CNY 200/tonne ($31.4/t), but l…
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