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19 Sep
10:31

Chinese longs producers increase planned shipments

Major Chinese long product steelmakers Shagang, Zenith and Yonggang have slightly increased their planned shipments for the last ten days of September, according to Chinese media. This is expected to relieve tight market supply, Kallanish notes. For late September, Zenith will increase deliveries from 50% to 60% of its contracted rebar, wire rod and rebar in coil volumes. Yonggang meanwhile will increase its rebar delivery volu…
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