21
Sep
10:09
Chinese long steel offers unchanged in late-September
Despite the decline in demand, Chinese long steel producers in eastern China are still holding prices steady to support market confidence, Kallanish notes.
Shagang, Zenith and Yonggang each announced on Monday that they were maintaining rebar, high-speed wire rod and rebar in coil prices for the last ten days of September. Sluggish spot market demand is the main reason for steel mills to maintain prices. On top of the impact of rainfall in eastern r…
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Anonymous
Very good overview of the weekly steel market.
Anonymous