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Several Chinese steel mills have now cut their June ex-works pries, while some have held them steady. Baosteel and Wuhan Iron & Steel kicked off a round of cuts (see Kallanish 11 May), which could shape the driection of the market at the turn of the month, Kallanish notes. Hebei Iron & Steel, Benxi Iron & Steel, Shougang Group and Anshan Iron & Steel (Angang) have published their June ex-works flats prices. These show hot-rolled coil pr…
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