08
May
07:20
Mills book maintenance as HRC prices volatile
In response to the weak hot rolled coil market, several major Chinese steelmakers have announced maintenance in May totalling 1.667 million tonnes of affected output (see table below). Mills, however, have confused the market, with some increasing their ex-works prices and others decreasing.
Some major mills have also updated their early-May flat products price. Anyang Iron & Steel and Lianyuan Iron & Steel increased their 1-10 May ex-work prices by CNY …
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Anonymous
Very good overview of the weekly steel market.
Anonymous