Industrial material prices fall sharply on concerns about Chinese slowdown – ET Auto
Baua Electric
APRIL 30, 2023
Hot-rolled thin steel plate is essential for the production of building components and industrial machinery, serving as the benchmark for steel prices in China. Hot rolled coils listed on the Shanghai Commodity Futures Exchange hit a five-month low of 3,928 yuan (USD 568) per tonne on Wednesday. per cent on the year.
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