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02 Jun
05:16

Chinese mills show variance in early-June rebar pricing

Major Chinese steel mills have shown constrasting outlooks regarding early June construction steel ex-works list prices. Some have increased offers by CNY 100/tonne ($14.71/t), while others have cut prices by CNY 30/t. At the same time the price gap between spot prices of commodity rebar is now around CNY 450/t high than for commodity hot-rolled coils in Shanghai, Kallanish notes. Several steelmakers have published their early June construction st…
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