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12 Nov
06:26

Chinese mills lift HRC export offers

Chinese hot rolled coil exporters have made deals as prices in destination markets have begun to improve. Since Bengang and Shagang lifted offer prices however, new deals have not been heard, Kallanish notes. At the start of this week, Bengang and Shagang raised their HRC offers by $5/tonne, bringing base SS400 HRC to $455/t fob China and $445/t fob China repectively. Traders note that deals have yet to be heard following the price …
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