22
Aug
10:44
Chinese steel firms as futures traders adjust
Chinese steel futures prices were fairly flat on Tuesday as trading restrictions dampened activity, catching out one anonymous company. Spot market prices continued to increase slowly however on the back of a positive outlook for demand over the coming weeks, Kallanish notes.
On the Shanghai Futures Exchange the January 2018 rebar contract closed at CNY 3,933/tonne ($590/t), up CNY 20/t over the day, while the same contract for hot rolled coil closed up CNY…
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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