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01 Sep
06:59

Chinese steel mills push rebar prices

Chinese steelmakers have either slightly increased by CNY 30-100/tonne ($4.56-15.2/t) or held steady early September construction steel ex-works prices. Rebar prices on spot markets dipped and rebounded again over last week, as end user buying fought back against the impact of restrictions on futures' markets, Kallanish notes. Eastern China’s Shagang, Nangang and Zenith, northern China’s Hegang, Shougang and Xiwang Special Steel and sou…
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