13
Dec
12:00
China's mid-December long steel offers diverge
Construction steel prices from eastern China's major mills showed differing trends in mid-December. Shagang's lower starting price led to its price increase driven by the upward market trend, Kallanish notes.
During the second ten days of December, Shagang added CNY 200/t ($31.44/t) to its rebar offers and lifted its wire rod and rebar in coil offers by CNY 150/t. However, Zenith and Yonggang both reported CNY 50-150/t declines for their con…
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Anonymous
Very good overview of the weekly steel market.
Anonymous