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07 Jan
02:16

Baosteel, Shougang release offers for February

China’s Baosteel has lifted its offer prices for flat products for February in line with increasing spot prices, a move which has been supported by strengthening HRC futures. However, Shougang has decided to keep most of its flats offers unchanged, Kallanish notes. Baosteel plans to increase prices by CNY 30/tonne ($4.3/t) and CNY 100/t for hot and cold rolled coil offers respectively. Pickled offers will increase by CNY 50/t, while …
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