14
Jan
03:49
Chinese steel gains continue as mills prices flatten
Major Chinese rebar producers are holding their short term ex-works prices steady. Shagang has even cut some prices, to ensure orders keep rolling in through to the Chinese New Year, Kallanish notes.
Shagang has decreased its mid-January long products ex-work prices while other mills have held theirs stable from early January. Seven construction steelmakers also increased their mid-January ex-work prices by CNY 30-80/t but these were mainly in western China.&nbs…
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Anonymous
Very good overview of the weekly steel market.
Anonymous