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21 Jul
12:18

Chinese long steel offers pick up again

China's construction steel prices continued to be strong in the past ten days and mills have remained positive on the last 11 days of July. The three major long product steelmakers in eastern China have lifted their list prices. Kallanish learns from mills' announcements that Shagang will add CNY 250/tonne ($38.62/t) to its rebar offer and CNY 200/t to high-speed wire rod and rebar in coils. Yonggang will increase rebar offers by CNY 200/t a…
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