25
Nov
10:54
Chinese rebar declines on Covid-19 lockdowns
Chinese rebar prices have fallen due to the comeback of the Covid epidemic, although improving financing for real estate companies has supported market sentiment.
In Shanghai on Friday afternoon, 20mm HRB400 rebar was trading at CNY 3,630-3,650/tonne ($506-509/t), down by CNY 80/t on-week. The January 2023 rebar contract on the Shanghai Futures Exchange closed at CNY 3,736/t, increasing by CNY 55/t compared with Thursday and…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous