11
Sep
08:02
Chinese long steel prices remain stable in mid-September
Chinese long product prices have ended their rising trend after demand dropped, but steel mills still hope to maintain stable market confidence by holding prices at current levels, Kallanish notes.
On Friday, Shagang, Zenith and Yonggang each announced they were maintaining rebar, high-speed wire rod and rebar in coil prices for the second ten days of September. Supply from these mills to the market is basically stable, with only Shagang cutting another -40% …
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Anonymous
Very good overview of the weekly steel market.
Anonymous