11
Aug
07:01
Chinese long steel offers rise further in mid-August
Chinese long product offers continue to grow as the domestic market is expected to strengthen. Major mills in eastern China – Shagang, Zenith and Yonggang – have lifted most longs prices for the second ten days of August, Kallanish notes.
The three mills lifted all longs by CNY 50/tonne ($7.19/t), except for Shagang’s rebar quote which remains stable. This is mainly because Shagang already increased its rebar offer earlier, resulting in a si…
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Anonymous
Very good overview of the weekly steel market.
Anonymous