17
Nov
15:29
Improved Chinese sentiment lifts Asian longs imports markets
China’s recent easing of property and Covid restrictions has spurred suppliers to raise offer prices in Southeast Asia's long steel products import markets. But regional importers are cool on accepting price hikes given demand remains weak, Kallanish understands.
Offer prices from traders for Chinese-origin wire rod of 6.5mm diameter for January shipment have jumped to around $560/tonne cfr Manila, up from $520/t cfr last week. Offers…
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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