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19 Oct
10:41

Three Chinese steelmakers stabilise flats prices for November

Hebei Iron & Steel (HBIS), Shougang and Anshan Iron & Steel (Angang) are trying to stabilise flat product prices for November. Mills have issued differing offers, however, indicating some uncertainty in the market, Kallanish notes. HBIS has lowered prices by CNY 100/tonne ($14.9/t) for hot rolled sheet and coil, while all other products remain unchanged. Angang has made the same move for HRC, but also reduced the price of medium and heavy plate b…
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