21
Dec
08:32
Major Chinese longs producers cut prices, except Hegang
Major Chinese construction longs producers such as Shagang, Zenith and Yonggang have announced that they are reducing their long product prices for late December. However, Hegang has increased its offers for rebar and rebar in coil, thus complicating the analysis of market trends in the last eleven days of 2019, Kallanish notes.
Shagang cut CNY 80/tonne ($11.59/t) to its longs prices, while Zenith reduced rebar prices by CNY 150/t and high speed w…
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Anonymous
Very good overview of the weekly steel market.
Anonymous