03
Apr
07:14
Chinese early-April long steel offers remain unchanged
Three major long steel mills in eastern China have kept construction long steel product ex-factory prices unchanged in the first ten days of April in an attempt to support market sentiment.
According to public information, Shagang, Zenith and Yonggang all retained their long steel offers. Meanwhile, the steelmakers provided subsidies of CNY 100-240/tonne ($14.5-34.8/t) for rebar sales and CNY 150-290/t for wire rod and rebar in coil sales to sales agents to m…
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Anonymous
Very good overview of the weekly steel market.
Anonymous