10
Mar
12:07
China's scrap holds on firm demand
China's scrap prices were almost flat last week, and the quick arrival of scrap has relieved the market from supply concerns.
On Friday, Kallanish assessed 6mm+ heavy scrap delivered to mills in eastern China's Yangtze River Delta at CNY 3,153/tonne ($453/t), including VAT. This is up CNY 6/t from Thursday and increased by CNY 5/t from the previous Friday.
Data from information provider Fubao show that 49 independent ele…
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Kallanish Asia
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