11
Jul
06:06
Major Chinese long steelmakers maintain mid-July offers
Eastern China's major longs steelmakers Shagang, Zenith and Yonggang plan to maintain their offers in the second ten days of July, Kallanish notes. The production restrictions in northern China have had a limited impact on eastern China's steel market, so major steel mills are choosing to stablise offers.
All three steelmakers are offering rebar at CNY 4,170/tonne ($609/t), according to public announ…
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Anonymous
Very good overview of the weekly steel market.
Anonymous