03
Sep
09:09
Chinese early-September long product offers diverge
Major Chinese steel producers Shagang, Yonggang, Zenith and Hegang have already released their early-September offers for construction long products, according to published sources. However, the steelmakers saw offers diverge, intensifying the complex trend for construction longs in September, Kallanish notes.
For the first ten days of September Shagang will add CNY 80/tonne ($11.7) to its rebar, high-speed wire rod and rebar in coil offers, while…
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Anonymous
Very good overview of the weekly steel market.
Anonymous