04
Jul
04:38
Chinese long steel offers hold in early July
The ex-mill prices of construction steel products in East China remained unchanged in the first ten days of July, but the market rebounded under the stimulus of production restrictions.
Shagang, Zenith and Yonggang all kept their ex-works prices of long products stable in early July. However, considering the steel market fell again at the end of June but steel mills raised ex-mill prices in the period, the producers provided sales subsidies of CNY 100-160/tonne ($…
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Anonymous
Very good overview of the weekly steel market.
Anonymous