09
Nov
10:14
China steel prices gain but output holds
China’s steel futures prices gained on Monday, supported by firmer iron ore. The latest output data from the China Iron and Steel Association showed little fundamental cause for optimism, however, Kallanish notes.
The May 2016 rebar contract on the Shanghai Futures Exchange closed up CNY 18/tonne at CNY 1,805/t ($284/t), although the January 2016 contract remained flat at CNY 1,781/t. The January hot rolled coil contract on the same exchange clos…
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Anonymous
Very good overview of the weekly steel market.
Anonymous