04
Sep
11:13
CISA members' average steelmaking margin stands at $24/t
In the first half of 2017 major Chinese steelmakers’ production margins averaged around CNY 160/tonne ($24.33/t), according to China Iron & Steel (CISA) deputy secretary general Wang Yingsheng.
“It is totally wrong to hear rumours about steelmaking margin reaching CNY 800-1,000/t previously,” Wang says in a note seen by Kallanish. “This sent wrong signals to the market just because an incorrect calculation… excludes sales manag…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous