21
Jun
11:50
Chinese long producers lift late-June construction offers
Major Chinese steelmakers have lifted their construction long offers by CNY 100/tonne ($15/t) for late June. Although facing an unstable domestic rebar market, major Chinese producers remain confident about late June offers, Kallanish notes.
Eastern China's Shagang, Zenith Iron & Steel and Yonggang Iron & Steel all increased their long product offers by CNY 100/t. These three mills all offered rebar at CNY 4,300/t. Shagang in…
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Anonymous
Very good overview of the weekly steel market.
Anonymous