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30 Aug
08:23

Chinese longs' producers reduce planned shipments

Major Chinese producers of construction longs, Shagang, Zenith and Yonggang have reduced their planned shipment volumes for the first ten days of September, according to market sources. This could lead to tighter supply in September in eastern China, mainly due to maintenance plans and the restrictions on production, Kallanish notes. Within the period, Zenith will only deliver 50% of its contracted rebar volumes in the first ten days of Septe…
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