13
Jul
10:53
Chinese steel traders talk up market
Chinese steel futures gained again on Wednesday as traders were able to continue talking up the market. High steel exports in June extended the sense of supply restrictions as Tangshan restricts production. The real test of the market however will be whether traders have the confidence to restock at the end of summer, Kallanish notes.
The October rebar contract on the Shanghai Futures Exchange closed up another CNY 25/tonne on Wednesday at CNY 2,516/t ($376/t), …
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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