01
Dec
10:07
China's early-December long steel offers remain stable
China's long steel product offers have mostly remained stable in the turbulent market. Production restrictions have boosted sentiment but spot market demand has seen little improvement, Kallanish notes.
Three major long steelmakers in eastern China, Shagang, Zenith and Yonggang, all kept their rebar ex-works prices stable. Yonggang nevertheless cut another CNY 50/tonne ($7.85/t) from its wire rod and rebar in coil offers, but the other two steelmakers kep…
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