MYSTEEL: China steel traders, mills differ on building winter stocks

Source: Mysteel Nov 06, 2024 15:00

China's steel traders and steelmakers hold divided views on building up steel inventories during this winter, the results of a new Mysteel survey show.

A longstanding practice among China's steel traders and distributors is to gradually accumulate steel stocks during the winter when demand is low, and when steelmakers are more inclined to offer discounts. This enables traders to be well-prepared for a seasonal rise in building activities with the onset of spring,

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Construction steel procurement prices: Shenzhen

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Major steel product prices: Guangdong

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Construction steel prices: Shenzhen

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Major steel product prices: Guangzhou

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