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Baoshan Iron & Steel Co (Baosteel), the listed arm of the world’s top steelmaker China Baowu Steel Group, is holding the list prices for most of its major flat-rolled products including hot-rolled coil (HRC) steady for domestic sales in July, according to the company’s latest pricing announcement is
China's ferrosilicon (FeSi) production rose further during May, with the total volume increasing for the third consecutive month by 19,307 tonnes or 4.1% on month to 486,891 tonnes, the highest since last November, according to Mysteel's monthly survey among the 136 Chinese smelters it tracks.
Given supply tightness, China's sulfur prices surged to a record high of Yuan 9,600/t for mainstream granular product at Zhenjiang port on June 8, with market sentiment suggesting prices could test the Yuan 10,000/t level in the near term.
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