11
Jun
06:09
Baosteel, Wugang cut flat steel offers in July
Major Chinese flat steel producers, Baosteel and Wugang, have announced they will cut hot-rolled coil prices in July, according to their latest price adjustment announcements. Although the supply of HRC in June has fallen compared to last month, total product availability is still at a high level, which has hit traders' confidence amid weak summer demand, Kallanish notes.
Baosteel and Wugang's HRC prices witho…
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Anonymous
Very good overview of the weekly steel market.
Anonymous