11
Jun
08:05
Chinese longs producers lift mid-June offers
Major Chinese long steel producers announced their mid-June offers on 11 June (see table below). The steelmakers continued lifting long product offers by another CNY 30-50/tonne ($5-8/t) for 11-20 June, Kallanish notes.
Eastern China's Shagang, Zenith Iron & Steel and Yonggang Iron & Steel have all increased their rebar prices by CNY 30/t to the same level of CNY 4,200/t. The steelmakers also added CNY 50/t to high speed wire rod and r…
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Anonymous
Very good overview of the weekly steel market.
Anonymous