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11 Mar
05:50

Chinese longs offers stabilise in mid-March

Eastern China's construction longs suppliers Shagang, Zenith Steel and Yonggang have announced that their long products’ offers have ended a recent downward trend and have stabilised. The move is boosting expectations that China's steel market is strengthening and could pick up, Kallanish notes. The three steel mills' offers for rebar, high-speed wire rod and rebar in coil during the second ten days of March remained the same as the pre…
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