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12 Jul
10:31

Baosteel maintains August flats offers

Baosteel, a leading flat steel company in China and Baowu Group subsidiary, has decided to keep its flat steel offers for August level from July, Kallanish notes. The high temperatures and rainfall in summer are inevitably suppressing China's demand, so steel mills have been unable to raise expectations for a price recovery in the short term. Although crude steel output is expected to ease back and support prices from time to time, prices remai…
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