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14 Nov
05:53

Hegang reduces longs prices for mid-November

China's Hegang Group has lowered its construction long products offers for mid-November. Compared with major steel mills such as Shagang, Hegang's price reductions are deeper, Kallanish notes. In the second ten days of this month, Hegang has cut CNY 60/tonne ($8.6/t) and CNY 130/t respectively from its high speed wire rod and rebar in coil offers. New offers for 6.5mm diameter HPB300 high speed wire rod are CNY 5,380/t, and …
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