12
Oct
10:42
Chinese long steel offers hold in mid-October
Chinese rebar offers remain stable after the October holiday. Major long steelmakers in eastern China, Zenith and Yonggang, are however trying to push up the market on the recovery of spot market demand, Kallanish notes.
During the second ten days of October, Shagang, Zenith and Yonggang kept their rebar prices stable. Meanwhile, Zenith and Yonggang added CNY 50/tonne ($7.42/t) to high-speed wire rod and rebar in coil offers. General steel market se…
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Anonymous
Very good overview of the weekly steel market.
Anonymous