11
Apr
05:58
Major Chinese longs producers hike mid-April prices
Major Chinese longs steel producers Shagang, Zenith and Yonggang have begun to raise their longs products’ prices for mid-April after having held the prices over the past ten days. Reducing inventories have contributed to the steel mills’ confidence that the buyers' market is rising, Kallanish notes.
Shagang leads the increase for rebar with a hike of CNY 150/tonne ($22/t). It has also lifted its high speed wire…
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Anonymous
Very good overview of the weekly steel market.
Anonymous