China: Baosteel rolls over flat steel prices for July sales

World’s largest steel manufacturer Baosteel has rolled over its monthly carbon flat steel prices for July 2022 sales, sources informed SteelMint. The steel producer kept prices unchanged considering subdued domestic demand amidst the resurgence of Covid-19 infections. It is to be noted that the steel major had reduced flat steel prices by RMB 100/t ($15/t) for June deliveries.


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