01
Jun
12:32
Chinese longs offers remain unchanged in early June
Construction steel producers in eastern China have kept their ex-factory prices unchanged for the first ten days of June. Even though Shanghai began reopening on Wednesday following its lockdown, it will take time for market demand to return and mills remain cautious, Kallanish notes.
Shagang, Zenith and Yonggang have all maintained steel list prices stable for early June. The mills are still offering subsidies to sales agents of CNY 90-450/tonne ($13-67/t). …
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Anonymous
Very good overview of the weekly steel market.
Anonymous