21
Aug
07:44
Chinese long steel offers diverge in late August
The Chinese rebar market has maintained a positive trend, with demand steady, but increased market supply has kept steel mills' offers for some products stable, Kallanish notes.
During the last ten days of August, Shagang has kept all long steel offers stable, but Zenith added CNY 50/tonne ($7.24/t) to all long steel products. Meanwhile, Yonggang kept rebar offers stable but added CNY 50/t to high-speed wire rod and rebar in coil offers. The steelmakers will a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous