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02 Mar
05:06

Chinese flats' producers announce mixed offers

Several major steel flats producers have issued ex-work offers for March, with most either increasing or flat from February. Hot-rolled coil inventories were still increasing on the spot market, but end user demand has seen a quicker recovery than that for longs, Kallanish notes. Before the Spring Festival Chinese major steel flats' producers issued February-March offers, keeping prices unchanged from January. After the holidays the positive sentiment a…
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