23
Mar
02:43
Chinese long products prices rise for late March
Major long steel producers in eastern China, Shagang, Zenith and Yonggang, have announced a list price increase for late March in tandem with the growth in domestic demand, Kallanish notes.
The three steel mills have raised their prices for long products by different amounts (see table below), but have not significantly changed their market shipment volumes for the last ten days of March. Despite more conservative market forecasts, steel mills hope to fu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous