11
Jan
12:51
Chinese mid-January long steel offers hold
Three major steel mills in eastern China have announced that their prices have remained unchanged for mid-January, despite China's construction steel market recently correcting downwards.
Except the CNY 50/tonne ($7.72/t) increase in Shagang's rebar offer, all other quotes across the three producers will be stable in the second ten days of January, Kallanish notes. In addition, only Yonggang and Zenith are giving a subsidy of CNY 30/t and CNY 40/t res…
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Anonymous
Very good overview of the weekly steel market.
Anonymous