10
Aug
10:41
Chinese steel rally ends but optimism continues
China’s steel futures prices have pulled back slightly from recent highs but remain firm as confidence in the second half market remains fairly solid. China’s regional GDP figures highlight some of the regional risks to that confidence, but generally show increased confidence that there remain areas where growth is firm, Kallanish notes.
The October rebar contract on the Shanghai Futures Exchange closed down CNY 4/tonne at CNY 2,587/t ($388/t), while…
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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