It’s reported that Northern China’s Anshan Iron & Steel (Angang) cuts its April list prices.
The company decided to cut list prices for hot rolled coil, steel plates and galvanized coils by RMB300/ton, RMB220/ton and RMB100/ton respectively.
It is predicted that other major steel mills would also probably decrease their April flat steel prices to meet the spot market prices.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=63534&division=A2