22
Feb
01:02
Chinese late-February long steel offers remain steady
Eastern China’s major steel mills have left late-February construction steel prices unchanged after increasing them substantially before the Spring Festival, Kallanish notes.
In the last week of February, Shagang and Zenith have kept long steel offers unchanged. Only Yonggang has added CNY 150/tonne ($23.23/t) to all offers of rebar, high-speed wire rod and rebar in coil; however, it was the only mill not to lift prices before the holiday. Supply f…
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Anonymous
Very good overview of the weekly steel market.
Anonymous