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11 Mar
10:02

China's mid-March long steel offers remain stable

Affected by fluctuations in Chinese futures prices, ex-factory long steel product prices at eastern China's major three mills are mainly unchanged for mid-March, despite recovering demand, Kallanish notes. Shagang and Yonggang both held their prices unchanged, but Zenith increased all three core products by CNY 50/tonne ($7.7/t) for the second ten days of March. In addition, the mills will provide CNY 30-50/t subsidies to sales agents for the previous ten…
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