09
Aug
10:17
Chinese steel firm as PPI improves
Chinese steel futures prices gained again on Tuesday, albeit less dramatically. Steel prices have meanwhile helped a recovery in producer price inflation, Kallanish notes.
The October rebar contract on the Shanghai Futures Exchange closed up CNY 19/tonne at CNY 2,589/t ($388/t), while the same contract for hot rolled coil dipped slightly by CNY 4/t to CNY 2,752/t.
Both consumer (CPI) and producer prices (PPI) were up 0.2% month-on-month in July, according to …
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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