03
Dec
03:40
Shagang lifts HRC offers in December
China’s Shagang has announced an increase in December HRC offers with the the spot market having maintained its rally for nearly a month, Kallanish notes.
Shagang's Q235B 5.5x1500mm HRC is now offered at CNY 3,820/tonne ($543/t) ex-works including VAT, up CNY 120/t from a month before. This has brought Shagang's offers back to October levels. The steelmaker also did not announce a subsidy policy to traders in Dece…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous