11
Sep
08:49
Chinese long steel offers remain flat
Ex-mill prices of construction steel in eastern China have remained flat for a month as of mid-September, with steel mills maintaining price stability amid market fluctuations.
Shagang, Zenith, and Yonggang have all kept their long steel offers stable for the second ten days of September, Kallanish notes. The mills meanwhile provided CNY 30-150/tonne ($4-20/t) subsidies to their sales agents. Compared with previous weeks, the subsidies provided by producers h…
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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