13
Jan
09:35
Despite an obvious decline in transactions, macro expectations still boosted Chinese hot rolled coil prices in every market last week, Kallanish notes.
In Shanghai on Friday afternoon, 5.5x1,500mm Q235 HRC was traded at around CNY 4,210-4,230/tonne ($627-630/t), up CNY 40/t week-on-week. On the Shanghai Futures Exchange, meanwhile, the most-traded May 2023 contract for HRC gained CNY 20/t from Thursday and CNY 36/t on-week to CNY 4,20…
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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