12
Apr
11:13
Chinese mid-April longs offers hike on improved demand
Chinese long steel offers have been hiked on the back of better sales. The three major longs steelmakers in eastern China, Shagang, Zenith and Yonggang, all lifted their offers for the second ten days of April.
The three steelmakers have each added CNY 200/tonne ($30.54/t) to rebar offers, Kallanish notes from public information. Shagang added CNY 200/t to rebar in coil and wire rod offers, while Zenith and Yonggang both increased these offers by CNY 250/t. Market…
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Anonymous
Very good overview of the weekly steel market.
Anonymous