21
Feb
08:35
Chinese long steelmakers maintain late-February offers
Major Chinese construction steel producers will keep prices flat at the end of February, as positive expectations for a recovery in demand have offset the slump in iron ore prices following government intervention, Kallanish notes.
Three steelmakers in eastern China – Shagang, Zenith and Yonggang – all announced they would keep long steel prices stable in the last week of February. Meanwhile, as the iron ore price decline has been dragging on stee…
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Anonymous
Very good overview of the weekly steel market.
Anonymous