19
Nov
05:59
Chinese flats offers drop further in December
China's domestic flat steel market continued to weaken last week, while three more steel mills released lower offers for next month. These prices are effective from 1 December and exclude VAT, Kallanish notes.
Shougang’s flat steel offers have followed Baosteel and Angang, which announced new quotes last week, declining by CNY 200/t ($30/t). Bengang also cut its offers for most flat steel products by CNY 200/t, but reduced…
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Anonymous
Very good overview of the weekly steel market.
Anonymous