01
Feb
13:04
Chinese long steel offers rise in early-February
With the Chinese Spring Festival holiday past, the confidence of China's construction steel market has risen.
Three major long steel mills in eastern China, Shagang, Zenith and Yonggang all announced increases for their long steel offers in the first ten days of February, Kallanish notes. Shagang added CNY 200/tonne ($29.66/t) to its rebar offers and increased by CNY 150/t for offers of wire rod and rebar in coil. Meanwhile, Zenith and Yonggang both lifte…
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Anonymous
Very good overview of the weekly steel market.
Anonymous