12
Mar
08:08
Chinese mills cut longs prices
Major steel plants in China have published their midd-March long products prices, with most of them either flat or down by around CNY 20-50/t ($2.89-7.23), while spot rebar prices have also fallen. There appears so far to have been little impact from the campaig against mislabelled steel capacity, Kallanish notes.
In Shanghai, 20mm HRB400 rebar was trading at CNY 3,620-3,660/tonne ($523-529/t), down CNY 45/t from a week earlier. The May rebar contract on the Sha…
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