21
Mar
03:39
Chinese rebar supply/prices to increase in late March
Major steelmakers in China have continued to increase the prices of long products after a short period of steady offers over the previous ten days. For the last ten days of March, Zenith and Yonggang's price increases will be slightly higher than that of Shagang but rebar offers of all three steelmakers are now on a level, Kallanish notes.
Shagang has announced it would add CNY 50/tonne ($7.45/t) to its rebar offers and add CNY 40/t …
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Anonymous
Very good overview of the weekly steel market.
Anonymous