11
Nov
09:15
Baosteel raises flat steel prices on positive expectations
Major Chinese flat steel producer Baosteel has lifted most of its flat steel offers in November, showing its positive expectations for demand in downstream industries, Kallanish notes.
Hot rolled coil and galvanized steel offers will each be increased by CNY 100/tonne ($15.2/t), following an identical increase the previous month. Prices of cold rolled coil and thick plate have meanwhile been lifted by CNY 100/t and CNY 50/t respectively – these had been…
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Anonymous
Very good overview of the weekly steel market.
Anonymous