01
Apr
09:30
Major Chinese mills decrease long steel prices
Major Chinese steel mills have decreased their early April steel longs prices by CNY 20-200/t ($2.9-29.02/t). Spot prices have been sliding gradually over last week (see separate article), Kallanish notes.
Northern Hebei Iron & Steel (Hegang) and Shougang; northeastern Linyuan Iron & Steel; eastern Shagang and Nanjing Iron & Steel and southeastern Fujian Sangang have published their early April long steel ex-work prices. These have mainly d…
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Anonymous
Very good overview of the weekly steel market.
Anonymous