12
Jun
02:50
Baosteel maintains flats offers for July sales
Following Anshan Steel (Angang) and Benxi Steel (Bengang) at the start of the week, Baosteel has now also decided to keep its domestic flat-rolled product list prices unchanged in July from the previous month, Kallanish notes.
Low demand has dragged down steel futures to two-month lows this week, and the outlook for summer is bad. So Chinese mills, including Baosteel, have decided to hold offers steady, even though Baosteel had still tried to raise prices a month …
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Anonymous
Very good overview of the weekly steel market.
Anonymous