22
Sep
12:10
Chinese late-September long steel offers remain stable
Construction steel prices at eastern China's steel mills have held steady at the end of September, with restocking demand ahead of the National Day holiday expected to support spot trading.
Kallanish learns from mill sources that Shagang, Zenith and Yonggang all kept long steel offers unchanged for the last ten days of September. However, given the weak performance in mid-September, these mills offered traders subsidies of CNY 100-340/tonne ($14-48/t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous