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21 Nov
09:40

Chinese long steel offers rise in late-November

China's construction steel prices for the last ten days of November saw a slight increase driven by the recent rebound in the steel market.  Shagang, Zenith and Yonggang announced CNY 50-100/t ($7-14/t) increases in ex-works prices for rebar, wire rod and rebar in coils, Kallanish learns. Only Yonggang maintained rebar prices the same as mid-November. The market shipments of Shagang's rebar products are reduced by 15% for the reporting …
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