11
Oct
07:50
Angang, Bengang roll over November flats offers
Following Baosteel, major Chinese steelmakers Anshan Iron & Steel (Angang) and Benxi Iron & Steel (Bengang) also rolled over flat steel offers for November domestic sales, Kallanish notes.
However, the list prices of cold rolled and pickled steel for automotive use have been raised by CNY 100/tonne ($13.7/t).
The slow recovery of actual demand has left these leading companies cautious and they have stopped raising prices. The automotive sector has perform…
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Anonymous
Very good overview of the weekly steel market.
Anonymous