14
Aug
08:53
More steelmakers release mid-August offers
Southern China's Lianyuan Iron & Steel (LY Steel) and Northern China's Hebei Iron & Steel (Hegang), following major Chinese steelmakers such as Baosteel, Wugang and Shagang, released their flat and long offers for mid-August. Both steelmakers announced increases for both longs and flats, Kallanish notes.
LY Steel added CNY 100/t ($15/t) to its HRC offers and CNY 40/t to its CRC offers over 11-20 August. 2.75mm and 5.75mm&…
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Anonymous
Very good overview of the weekly steel market.
Anonymous