22
Mar
09:06
Chinese long steel offers trend higher
Despite demand for construction long products in China hardly improving, the three major steel mills in eastern China have recovered their confidence in the market, Kallanish notes.
According to public notices, Zenith and Yonggang increased rebar, wire rod and rebar in coil offers each by CNY 50/tonne ($7.69/t) for the last 11 days of March. Shagang, meanwhile, kept its prices stable. Stimulated by expectations that Tangshan's production restric…
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Anonymous
Very good overview of the weekly steel market.
Anonymous