22
Jul
06:21
Chinese late-July longs offers remain unchanged
Eastern China's major long steelmakers Shagang, Zenith and Yonggang have announced unchanged offers for late July, Kallanish notes. Market participants expect the rebar market will continue to consolidate in the last ten days of the month.
All three steelmakers are offering rebar at CNY 4,170/tonne ($609/t), according to public announcements. Meanwhile, Shagang is asking for CNY 4,300/t for high-speed wire rod and CNY 4,320/t fo…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous