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02 May
09:25

Chinese steel companies increase rebar ex-works prices

Several major Chinese steelmakers have published CNY 50-190/t ($7.24-27.51/t) increases to their early May ex-works longs prices. Both long and flat steel markets have been stronger since the long weekend but longs are being better supported by falling inventory levels, Kallanish notes. Northern China's Shougang and Henan Jiyuan, southern China's Liuzhou Iron & Steel, eastern Shagang, Zhongtian (Zenith) and Yonggang, and central China's Valin Lia…
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