12
Apr
10:57
Major Chinese steelmakers maintain May flats offers
The draconian lockdown measures brought about by adherence to China’s zero-Covid policy took a toll on demand from March to early April, and the impact is expected to continue.
Major steel companies including Baosteel, Anshan Iron & Steel (Angang) and Benxi Iron & Steel (Bengang) have cautiously kept most flat steel offers unchanged for May, Kallanish notes.
In terms of hot rolled, cold rolled and pickled flat steel used for automobiles, however, An…
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Anonymous
Very good overview of the weekly steel market.
Anonymous