12
Sep
10:49
Chinese steel futures rebound
Chinese futures prices rebounded on Tuesday while major Chinese flat steel mills mostly upped their offers. HRC and rebar contracts had begun the day by fluctuating and then weakened, but both had moved upwards by the end of the day. Mixed market sentiment is reflecting on the futures exchange, Kallanish notes.
On the Shanghai Futures Exchange the 2018 January rebar contract closed at CNY 3,959/tonne ($607.85/t), up CNY 58/t, and the same contract…
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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