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17 Oct

Major Chinese steelmakers keep flat steel offers unchanged

Major Chinese steel producers have kept their flat steel ex-works contract prices unchanged for November shipments, ending a series of increases in previous months. The stong futures market however has stimulated spot market prices and some steel mills have increased their ex-work prices as a consequence, Kallanish notes. Northeastern China's Anshan Iron & Steel(Angang) and Benxi Iron & Steel (Bengang), and Baowu Group’s Baosteel and Wuhan Iron…
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