21
Jun
10:26
Late-June Chinese longs prices continue to fall
Major Chinese long steelmakers Shagang, Zenith and Yonggang have continued to cut long product prices significantly by CNY 80-100/tonne ($11.5-14.4/t) for the end of June, Kallanish notes.
The three steel mills reduced the price of rebar for the last 10 days of June by CNY 100/t to CNY 3,970/t. At the same time, Shagang reduced its high-speed wire rod and rebar in coil prices by CNY 80/t, while Zenith and Yonggang have also lowered the price of these t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous