21
Sep
08:47
Chinese long steel offers resume increases
Chinese construction steel producers are anticipating replenishment demand at the end of September, prompting them to increase ex-factory prices for construction steel during the period.
According to their public information, Shagang added CNY 80/t ($11/t) to the ex-factory prices of rebar and rebar in coil, while, Zenith added CNY 100/t for all long steel prices in the last ten days of September. Yonggang only added CNY 50/t to rebar offers and maintained of…
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Anonymous
Very good overview of the weekly steel market.
Anonymous