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19 Mar

More Chinese mills retain flats offers

More Chinese steel companies have announced they are keeping most of their April ex-works flat steel list prices unchanged from February-March, after Baowu and Anshan Iron & Steel lifted their hot rolled coil prices by CNY 50/tonne ($7.90/t). Spot flat steel prices are still under pressure from construction steel prices, Kallanish notes. Northern China’s Shougang and Hebei Iron & Steel and north-western Bayi Iron & Steel have issued t…
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