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14 Nov
10:37

Chinese steelmakers lower flats offers for December

As demand remains subdued and December demand is typically low, three Chinese flat steelmaker giants have lowered their offers for most flat rolled products for December, Kallanish observes. Baosteel's offers are cut by CNY 100/tonne ($14/t) for products including hot rolled, coated, galvalume, aluminium-magnesium flat steel, thick sheet, and CQ series electrogalvanized steel for non-auto use, which had been unchanged in the prior two month…
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