01
May
14:24
Chinese longs market remains on holiday
Three major construction steel producers in eastern China have kept their ex-mill prices unchanged in early May, according to public steel mill announcements.
Local demand in Shanghai has disappeared over the past month due to Covid-19 lockdowns, and construction activity in the surrounding area has been impacted. Much of this week is taken up by the Labour Day holiday, which comes on top of the fact that construction steel demand in the region remains quiet,…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous