11
May
02:35
Chinese long steel offers remain unchanged in mid-May
Mills’ list prices for Chinese construction long products in eastern China have been flat since the end of April and remain unchanged in mid-May, Kallanish notes. Although market activity has been limited due to the impact of the early-May holiday, mills are also reacting to concerns that demand for construction steel in China is not as strong as expected.
Shagang, Zenith and Yonggang, the major steel producers in eastern China, had already left pr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous