Tag: Chinese steel export prices up on Yuan appreciation

  • Chinese steel export prices up on Yuan appreciation

    Chinese steel export prices up on Yuan appreciation

    China’s steel export sales continued increasing for a second week over October 10-16 mainly because shippers were responding to the appreciation of Yuan against the US dollar. But Chinese steel suppliers still showed little willingness to export while they focus on domestic sales, with the result that steel export contracts concluded last week were limited,…