03
Aug
21:47
Chinese steel futures dip slightly
Chinese steel futures prices ticked downwards in Shanghai on Wednesday as the market appears to have settled a little earlier this week than it did last week, Kallanish notes.
The October rebar contract on the Shanghai Futures Exchange closed down by just CNY 3/tonne at CNY 2,497/t ($376.5/t) while the same contract for HRC also closed down by CNY 13 at CNY 2,673/t.
The modest falls reflected similar movement by seaborne iron ore as futures prices for th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous