22
Jan
06:50
Chinese construction steelmakers react to winter restocking
Chinese construction steelmakers have published mixed offer prices for late January, each according to their local markets’ requirements for restocking. Major eastern steel companies cut their offers by CNY 200-300/tonnes ($31-47/t), while southern and central steelmakers announced slight increases in their prices, Kallanish notes.
Shagang is refunding mid-January rebar orders by CNY 350/t and CNY 300/t for rebar in coil and high speed wire rod. …
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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