27
Sep
13:57
Chinese steel prices rebound as winter restrictions approach
Chinese steel futures continued to rebound on Wednesday as the market balanced after its sharp declines last week. Chinese officials meanwhile continue to send out conflicting messages about how steelmaking restrictions will impact the market, sometimes even within the same presentation, Kallanish notes.
On the Shanghai Futures Exchange the January 2018 rebar contract closed at CNY 3,679/tonne ($555/t), up CNY 63/t, while the same contract for hot roll…
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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