Chinese longs producers continue to lift domestic prices

摘要

Most of Chinese longs producers continue to move domestic prices up amid stronger demand from traders and endusers. Rebar and wire rods inventories of traders have decreased by 3.4% and 4.8% over the week to 5.28 mt and 1.33 mt respectively. Besides, stockists’ quotations of square billet are still going up. Import iron ore suppliers are standing firm too.