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11 Mar
10:40

Chinese major steelmakers lift April flats offers

As Chinese steel markets entered the traditional peak season, major steelmakers including Anshan Iron & Steel (Angang), Benxi Iron & Steel (Bengang) and Baosteel have raised their flat steel offers for April, Kallanish notes. Angang and Bengang have lifted offers of all flat carbon steel products by CNY 200/tonne ($32/t), with prices of alloy products to be determined later. Baosteel made the same adjustment but raised some offers higher. Quotations of co…
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