13
May
07:41
Chinese longs' producers hold prices in mid-May
China's main longs producers Shagang, Zenith and Yonggang have left their prices unchanged in mid-May, according to the latest price adjustments from the steelmakers. Market participants are expressing negative sentiment for the market outlook under the current high production pressure, Kallanish notes.
For the second ten days of May, 16-25mm HRB400 rebar prices at Shagang, Zenith and Yonggang have been each set at CNY 4,250/tonne ($633/t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous