12
Oct
05:50
Shagang steel exports remain strong in 2016
Shagang has exported 4.07 million tonnes of steel products over January to August, gaining $1.36 billion in revenue. Shagang has been China's top steel exporter over the last five years, mainly providing long products to Asian markets, Kallanish notes.
Shagang is mainly exporting on contract and in February, it reported it had already received 5.26mt in export orders, up by 64% year-on-year, with orders from Korea and America growing by 35% and 30% respectiv…
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Anonymous
Very good overview of the weekly steel market.
Anonymous