01
Apr
07:35
Chinese rebar list prices fall/flatten for early April
The Chinese rebar market has remained firm after some recovery in demand. However, rising supply and the spread of Covid-19 overseas have led to negative market expectations, Kallanish notes.
Major long steel producers Zenith and Yonggang have both cut CNY 100/tonne ($14.11/t) from their product prices for the first ten days of April. The steelmakers will also give CNY 100-120/t rebates to agents who completed their sales targets in the past ten days. However…
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Anonymous
Very good overview of the weekly steel market.
Anonymous