01
Sep
10:37
Chinese long steel offers rebound
Chinese construction steel markets sentiment has turned positive after sales rebounded last week. Major long steel producers have increased their offers in early September.
Kallanish notes from public information that Zenith and Yonggang have added CNY 50-100/tonne ($7.73-15.47/t) to their prices of rebar, high-speed wire rod and rebar in coil in the first ten days of September. Shangang meanwhile kept all prices stable.
As spot market prices have changed quickl…
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Anonymous
Very good overview of the weekly steel market.
Anonymous