15
May
03:59
Major Chinese mills lift flat offers for June
Major Chinese flat steel producers have lifted their June ex-works offers (see table below). China's Baosteel, Wuhan Iron & Steel (Wugang) and Anshan Iron & Steel (Angang) all increased HRC offers prices by CNY 150-220/tonne ($23.62-34.65/t).
Flat steel spot prices were stable in early May, and have seen a slight increase since 11 May, Kallanish notes. Steel demand for flat products meanwhile looks stable. Total steel social inventories have bee…
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Anonymous
Very good overview of the weekly steel market.
Anonymous