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01 Mar
09:39

Shagang lifts flats offers for early March

Major Chinese steelmaker Shagang has lifted hot rolled coil offers for March, in line with the good demand released in late February. Market participants are looking forward to the peak demand season starting in March, Kallanish notes. Shagang chose to add CNY 50/tonne ($8) to its Q235 HRC offers for March, while medium-thickness plate prices have been increased by CNY 300/t. Its cold-rolled non-oriented silicon steel coil will remain…
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