11
Apr
04:19
Baosteel keeps May offers flat
Baosteel, the major subsidiary of Baowu Group, decided to maintain its domestic offers for all its flat steel products for May, in line with Angang and Bengang, Kallanish notes.
In the first four months this year, Baosteel had lifted quotations for HRC by CNY 700/tonne ($102/t), and even higher for some other flat products. The price increases even accelerated over February-March because of the bullish outlook for demand recovery, but then stabilised in April as d…
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Anonymous
Very good overview of the weekly steel market.
Anonymous