24
Mar
09:46
Due to the continued impact of the banking crisis on financial market confidence and a drop in weekly apparent consumption, China's hot rolled coil prices dived deeper in both domestic and export markets last week, Kallanish notes.
In Shanghai on Friday afternoon, 5.5x1,500mm Q235 HRC was traded at around CNY 4,260-4,280/tonne ($622-625/t), down CNY 120/t from a week earlier. On the Shanghai Futures Exchange, meanwhile, the most-traded May 2023 …
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Kallanish Asia
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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