Chinese steel goliath Baosteel Group has recently announced that it is planning to reduce its May steel offers, valid from April 1 on. The discount will be RMB 500/mt ($76/mt) in wire rod offers. The company had cut down its steel offers on March 1 as well.
China's Shougang Steel Group has also announced a RMB 480/mt ($73/mt) reduction in its wire rod offers and a RMB 360/mt ($55/mt) discount in its rebar offers for April.
Chinese steel producers to decrease domestic steel offers in April
Marketplace Offers
Wire Rod
Diameter
6 - 16 mm
TS708/S420/B420C/B420B
Tedarikçi
DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
Wire Rod
Diameter
5.5 - 28 mm
EN 10016-2 AISI1006/1008/1010/1012/1015/1017
Tedarikçi
DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
Deformed Bar
Diameter
8 - 50 mm
TSE/708-B420C-S420-B420B
Tedarikçi
DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
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