11
Oct
04:50
Chinese longs' offers diverge in mid-October
Chinese long steel prices from Shagang have increased slightly for the second ten days of October, while prices from Yonggang remain unchanged and those from Zenith have lowered, Kallanish notes.
Shagang has added CNY 30/tonne ($4.2/t) to rebar offers and CNY 60/t to high-speed wire rod and rebar in coil offers. Yonggang's long steel offers remain unchanged compared with early-October. Zenith however has announced that it will cut CNY 50/…
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Anonymous
Very good overview of the weekly steel market.
Anonymous