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13 Jul

Major Chinese flat steelmakers hike August prices

Major Chinese steel groups have increased their list prices for August by CNY 100-400/tonne ($15-59/t). Stimulated by soaring flat steel ex-works prices, some spot traders have returned to restocking, Kallanish notes. Anshan Iron & Steel, Baosteel and Wuhan Iron & Steel have all published their August contract prices. Southern China’s Liuzhou Iron & Steel (Liugang), north-western Bayi Iron & Steel and central Lianyuan Iron & S…
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