07
Jan
07:20
Chinese long products' prices see January dip
Chinese major construction steel producers have cut their offers by CNY 50-400/t ($7.71-61.7/t) for early January 2018, Kallanish notes. As the Lunar New Year approaches 15-25 January is seen as effectively the last period to order steel before the holidays, but orders have maintained a downtrend until traders start their winter restocking.
Several Chinese steel producers have published their construction steel offers for the first ten days of 2018. These a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous