China’s leading steel mills – Baosteel and Shagang -announced sharp cuts in finished steel prices. Baosteel lowered flat steel prices by $47/t, while Shagang slashed prices of longs by up to $70/t.
Spot billet prices in central India’s induction furnace steel market fell on limited enquiries.
The below sheet summarises confirmed trades/offers of iron and steel products collected by SteelMint to enable our users acquaint themselves with day-to-day trade dynamics.
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