14
May
10:03
Chinese mills increase long products prices
Major Chinese mills have increased their offers for construction steel longs for mid-May (see table below). The declining trend in long product spot prices did not deter major mills from pushing increases, Kallanish notes.
Generally, construction longs prices have begun to turn downwards since the end of April 2018. However, social inventories continue to decline and limits on steel production in some areas have helped to improve steelmakers' confidence…
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Anonymous
Very good overview of the weekly steel market.
Anonymous