30
Jan
12:21
Ferrous futures come back with little gains
Following a nine-day suspension of activity due to the Spring Festival holiday, Chinese rebar and hot rolled coil futures returned with a slow climb thanks to support from the spot market and positive expectations. The two contracts are constantly refreshing half-year highs, but are still finding it difficult to break through the record set in June last year, Kallanish notes.
On the Shanghai Futures Exchange, the most-traded May 2023 rebar contract …
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Anonymous
Very good overview of the weekly steel market.
Anonymous