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02 Dec
08:39

Chinese steelmakers boost ex-works prices

Most Chinese steelmakers have been boosting their 1-10 December ex-works prices over CNY100/tonne ($14.52/t). Frequent production restrictions due to air pollution, and heavy induction furnace cuts in big steel production provinces Jiangsu and Shandong have stimulated steel prices over recent days, Kallanish notes. Kallanish research shows that eighteen steelmakers have increased their early December ex-work prices for carbon and alloyed steel, flat and lon…
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