Vietnam’s Formosa Ha Tinh Steel Corp has raised its July hot-rolled coil (HRC) offers amid cooling sentiment in China’s domestic market, caused by a lack of guidance by Chinese economic planners. Market sentiment had cooled after Chinese Premier Li Keqiang did not set a gross domestic growth (GDP) target for 2020 during the annual meetings of China’s National People’s Congress and the Chinese People’s Political Consultative Conference last week, causing domestic steel prices in China to plunge.
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机译:越南的Formosa Ha Tinh Steel Corp已经提出了7月热轧卷(HRC),在中国国内市场的冷却情绪中提供,由中国经济规划者缺乏指导造成的。 李克强在上周中国人民代表大会和中国人民政府政治协商会的年度会议期间没有设定2020年的国内总增长(GDP)目标后,市场情绪已经冷却,李克强在中国全国人民代表大会和中国人民政治协商会议中的总体增长(GDP)目标,导致中国国内钢材价格下跌。
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