04
Aug
12:22
Chinese steel prices pull back further
Chinese steel futures prices slipped further on Thursday as the full prices increase proved unsustainable amid weak summer demand. China watchers are expecting economic data over the coming weeks to show the economy is steady, meaning there could be some upcoming support for futures, Kallanish notes.
The October rebar contract on the Shanghai Futures Exchange closed down CNY 42/tonne at CNY 2,453/t ($368/t) on Thursday, while the same contract for hot rolled coi…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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