11
Sep
07:09
Shagang holds rebar flat against market trend
Major Chinese construction longs producers Shagang, Zenith and Yonggang, have released their mid-September (11-20) offers. Shagang has maintained all offers for long products, while Zenith and Yonggang have increased prices by CNY 80/t ($11/t), Kallanish notes.
Shagang has held its rebar, high speed wire rod and rebar in coil offers. However, Zenith and Yonggang have both added CNY 80/t to their respective rebar, high speed wire rod and rebar in coil offers…
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Anonymous
Very good overview of the weekly steel market.
Anonymous