PRICING NOTICE: Proposal to discontinue weekly southern China steel price assessments

摘要

Fastmarkets is proposing a discontinuance of its weekly price assessments for long and flat steel products in southern China. Southern China is not a major steel production base, and steel products produced in the region tend to differ in quality compared with those from eastern and northern China, which result in their prices not being used as key benchmarks for the domestic market. Furthermore, prices in southern China typically track movements in major markets such as Shanghai and Tangshan.