Tag: Chinese

  • Chinese Steel Market Highlights for May’17

    Chinese Steel Market Highlights for May’17

    Raw material prices like iron ore and coal saw declining in the month of May’17.Major Chinese steelmakers like Baosteel and Wuhan steel slashed flat product prices for June deliveries.However,market sentiments turned weak and dull towards the end of this month amid Dragon Boat Festival in China. Chinese spot iron ore prices fell sharply in May’17…