15
Apr
07:03
Tangshan sees more billet supply
Local billet supply has increased in China's Tangshan market as some mills stopped longs steel production lines for maintenance. Meanwhile, some rerollers suspended production due to expensive materials. Activity among traders however was busy.
Kallanish assesses Tangshan billet spot prices at CNY 3,480/tonne ($480.8/t) on Monday afternoon, up CNY 50/t on-week. The October rebar contract on the Shanghai Futures Exchange (SHFE) closed at CNY 3,616/t on Monday, …
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Anonymous
Very good overview of the weekly steel market.
Anonymous