23
Jul
10:44
Major Chinese steel mills hike steel longs price
Major Chinese steel mills have hiked their late July steel longs ex-work prices by CNY 60-220/tonne ($9-37/t), showing a strong trend despite the traditional weak season. On the spot market the price gap between HRC and rebar narrowed again after longs prices outraced flats last week (See seperate article), Kallanish notes.
Northern China's Hebei Iron & Steel (Hegang), Shougang and Anyang Iron & Steel, eastern China's Shagang, Zhongtian Iro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous