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13 Sep
10:49

Shagang cuts mid-September long steel offers

Eastern China's construction steelmakers Shagang, Zenith and Yonggang have announced their price adjustments for the second ten days of September. Hoping for a rebound in spot market trading around the mid-Autumn Festival, Zenith and Yonggang maintain their list prices. Shagang however cut its offers for long steel products. After Shagang did not cut prices for wire rod and rebar in coil together with the other two steel mills in early September, the steel mil…
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