08
Feb
07:34
Shougang, Angang stabilise flats offers for March
Shougang and Anshan Iron & Steel (Angang) have held flat product prices for March steady, despite improving market sentiment and demand recovery expectations. The stable mill offers match with recent spot market trends, Kallanish notes.
Shougang adjusted only electrical steel prices. The grain-oriented price has been lifted by CNY 100/tonne ($15.59/t), while low and medium non-oriented grades are up CNY 300/t, and high-grade non-oriented by CNY 600/t.
Angang,…
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Anonymous
Very good overview of the weekly steel market.
Anonymous