21
Jun
04:41
Major Chinese steelmakers maintain or lift longs' prices
Most Chinese steel longs producers have announced they will keep their late June construction steel ex-works prices flat or increase them by CNY 20-90/tonne ($2.93-13.17/t). However their refund policies and price cuts within the mid-June period monitored by Kallanish suggest a continuing downtrend in prices.
The plum rain season in southern and eastern China is influcing steel demand and logistics (see separate article). Over 21-24 June, northern Ch…
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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