Tag: Rebar
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China: Blast furnace mills’ profit margins fall in Apr on higher costs
The profit margins earned by 91 Chinese blast-furnace steel mills had been eroded further by rising production costs in April, as Mysteel’s latest monthly survey suggested. Last month, the average gross loss on rebar sales among the sampled mills deepened by Yuan 60/tonne ($9/t) on month to Yuan 154/t, and their profit margins on selling…