03
Aug
05:41
Chinese early-August longs offers pick up
Major Chinese long steel producers in eastern China, Shagang, Zenith and Yonggang, have announced they will lift wire rod and rebar in coil list prices for the first ten days of August. Shagang, meanwhile, also lifted rebar prices, but the other two steelmakers kept these stable, Kallanish notes.
The three steelmakers are offering fewer shipments due to busy sales. Shagang is offering 90% of rebar shipments and 70% of wire rod shipments compared with the full ship…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous