13
Jan
05:14
Chinese longs offers drop, Zenith holds prices
Major Chinese longs steel producers Shagang, Zenith and Yonggang all announced their longs offers for mid-January on 11 January. Yonggang and Shagang will cut prices but Zenith prices will remain unchanged, Kallanish notes.
For the second ten days of January 2020, Shagang announced a CNY 80/tonne ($12/t) decrease for its rebar, high-speed wire rod and rebar in coil offers. Meanwhile, Yonggang has cut CNY 10/t from its rebar offers and CNY 50/t from …
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Anonymous
Very good overview of the weekly steel market.
Anonymous