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19 Sep
05:59

Chinese flat producers hike October offers

Chinese flat producers Hegang, Bengang and Shougang, following Baosteel and Wugang, have all hiked their October offers for flat products. The market is still optimistic about October prices due to the recent surge in the market and the renewed impact of China-US trade frictions, Kallanish notes. Hegang was reported to have added CNY 150/tonne ($22/t) to its HDG offers. It meanwhile increased HRC, CRC and pickling offers by CNY 100/t&nbs…
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