Tag: Global Offers
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China’s Bao Steel Cuts Flat Products Prices amid Bearish Sentiments
After raising its flat products prices by RMB 350/MT (USD 53) effectively for May and June deliveries, China’s steel major, Bao Steel has cut its main stream flat prices for July shipments. This move has come after domestic flat products prices in China plunged after mid May due to thin trading activities and pessimistic sentiments…