12
May
07:18
Major Chinese steelmakers lower June flats quotations
China's major flat steel manufacturers have lowered their offers for June after confidence was hit by a prolonged and widespread lockdown across the country, including the de facto economic centre Shanghai. But it also shows their intention to clear inventory at lower prices in the brief period leading up to summer.
Three companies, Shanghai-based Baosteel, Anshan Iron & Steel (Angang) and Benxi Iron & Steel (Bengang) in Northeast China, have anno…
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Anonymous
Very good overview of the weekly steel market.
Anonymous