13
May
13:54
China's long steel offers trend higher
The ex-mill prices of construction steel from one of three major eastern Chinese steel mills have increased in mid-May, after remaining stable in early May.
Shagang announced it would increase the price of construction steel by CNY 50/tonne ($7), while Zenith and Yongang have kept their prices unchanged for the second ten days of May, Kallanish notes. At the same time, Zenith and Yonggang provided sales subsidies of CNY 60-70/t and CNY 90/t, respectively, to …
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Anonymous
Very good overview of the weekly steel market.
Anonymous