Latest news on China Long Products markets

Shagang raises list prices for steel longs for mid-Sept sales

Shagang Group (Shagang), China's largest electric-arc-furnace steelmaker, has decided to lift its long-product list prices by Yuan 50-150/tonne ($7.5-22.4/t) for sales over September 11-20 from the first ten days of this month, according to the company's latest pricing announcement issued on Septemb

WEEKLY: China's rebar output recovers on week

China's rebar production ended a six-week decline over September 3-9, with the tonnage produced by the 137 Chinese steelmakers under Mysteel's tracking recovering by 1.5% or 24,700 tonnes on week to 1.72 million tonnes, according to Mysteel's latest survey result.

WEEKLY: China's rebar output drops to 6-month low

China's rebar production declined for a sixth consecutive week over August 27-September 2, with the tonnage produced by the 137 Chinese steelmakers under Mysteel's tracking dipping to 1.7 million tonnes, dropping by another 1.8% or 31,500 tonnes on week and marking the lowest level in the past six m

MONTHLY: Looser supply to check China's construction price gains in Sept

Heading into China's autumn demand season for construction steel this month, the market focus will shift from cost support to supply-demand fundamentals, according to Mysteel's latest monthly report on the sector for September.

Shagang holds list prices for steel longs for early Sept sales

Shagang Group (Shagang), China's largest electric-arc-furnace steelmaker, has decided to maintain its long-product list prices for sales over September 1-10 from the last eleven days of August, according to the company's latest pricing announcement issued on September 1.

WEEKLY: China's rebar output drops further on week

China's rebar production declined for a fifth consecutive week over August 20-26, with the tonnage produced by the 137 Chinese steelmakers under Mysteel's tracking registering 1.73 million tonnes, dropping by another 4% or 73,000 tonnes on week, according to Mysteel's latest survey result.

Kyoei Steel sticks to 'minimum' rebar price for September

Announcing its domestic sales policy for September on Wednesday, Kyoei Steel, Japan's largest rebar producer, declared that it will continue to strictly enforce a minimum price of Yen 115,000/tonne ($723/t) for base-size bars, a level unchanged since May.

Nippon Steel holds H-beam prices as dealer stocks dip

Nippon Steel has decided to hold the prices of its H-beams for sale to distributors for August contracts (September roll), the Japanese mill has announced, even though a dip in beam stocks held by its dealers suggests the supply-demand balance is improving. The integrated mill had raised prices by Y

Shagang clips list prices for steel longs for late-August sales

Shagang Group (Shagang), China's leading privately-owned steel firm and the country's largest electric-arc-furnace steelmaker, has decided to cut its long-product list prices by Yuan 50/tonne ($7.4/t) for sales over August 21-31 from the middle ten days of the month, according to the company's lates

WEEKLY: China's rebar output declines for the 4th week

China's rebar production extended its decline for the fourth consecutive week, with the tonnage produced by the 137 domestic steel mills under Mysteel's coverage edging down by another 1.2% or 21,700 tonnes on week to sit low at 1.8 million tonnes by August 19, according to Mysteel's latest survey