13
Sep
06:05
Chinese mid-September long steel offers soar
China's construction long steel market has risen sharply in the middle of the month, with news of production restrictions firming market sentiment, Kallanish notes.
For the second ten days of September, Shagang, Zenith and Yonggang have each increased their long steel offers by CNY 200-350/tonne ($31-54/t). The sales agents of the steel mills will receive no subsidy during this period. The mills' supply plans for the period are meanwhile basicall…
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Anonymous
Very good overview of the weekly steel market.
Anonymous