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14 Jan
03:23

Bengang and Ninggang release February flats' offers

Bengang and Ningbo Iron & Steel (Ninggang) have now released divergent February offers, after Baosteel and Angang had previously raised their own February offer prices, Kallanish notes. Bengang appears to be adopting a more conservative price strategy in February. It has decided to keep its prices for hot and cold sheet, plate, galvanized, pickled and special steel products unchanged. Offers for hot rolled coils will be cut by CNY 50/tonne …
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