21
Jan
10:51
Chinese rebar traders have begun tentative restocking, causing prices to turn around at the end of last week. Shagang cut its ex-works prices again on Sunday, but several other mills were already making tentative increases in their offer prices, Kallanish notes.
In Shanghai on Friday afternoon 20mm HRB400 rebar was trading at CNY 3,710-3,740/tonne ($577-582/t), down another CNY 25/t from a week earlier. By the end of the week however prices were already starting…
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.
More free articles from our archive
Related articles
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