21
Apr
09:43
Chinese late-April long steel offers stabilise
China's construction long products market is expected to remain stable at the end of April, but steel mills' expectations are still positive and they have increased the prices of some products.
Three major longs steelmakers in eastern China have all kept their rebar offers unchanged in the last ten days of April. However, Zenith and Yonggang both added CNY 100/tonne (CNY 15.4/t) to wire rod and rebar in coil offers during the same period.
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Anonymous
Very good overview of the weekly steel market.
Anonymous