11
Oct
10:17
Chinese long steel offers rise in mid-October
The restoration of confidence in the Chinese construction steel market has led to sharp increases in the ex-factory prices of steel mills in mid-October, Kallanish notes.
Major long steel producers in eastern China, Shagang, Zenith and Yonggang all announced CNY 80-150/tonne ($12-23/t) increases for their long steel prices in the second ten days of October. The steelmakers had also lifted prices by CNY 100-200/t during the October holiday in China in the firs…
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Anonymous
Very good overview of the weekly steel market.
Anonymous