According to the statements of market representatives, with the steel demands on the rise with the removal of the Covid epidemic restrictions, large Chinese companies such as Baoshan and Angang Steel increased their flat product and coil product prices for April.

Global steel prices of countries with strong economies such as China and the USA are trading at high levels.

As of March 10, steel stocks in China decreased by approximately 16.16 percent year on year and consumption amounted to 8.7 million/t.

Baoshan Iron And Steel hikes steel prices in April

https://www.steelradar.com/en/haber/baoshan-iron-and-steel-hikes-steel-prices-in-april/