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18 Sep

More Chinese steel mills boost flats prices

More major Chinese steel companies have hiked their latest flat product contract prices for October by CNY 50-200/tonne ($7.64-30.54/t). Mill prices have shown a stronger trend than current spot and futures markets, Kallanish notes. Northern China's Hebei Iron & Steel (Hegang), Shougang, Anshang Iron & Steel, eastern Ma’anshan Iron & Steel (Magang) and south-western Panzhihua Iron & Steel have all increased their October contr…
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