21
Dec
09:15
Steel futures hike further on Tangshan restrictions
Chinese rebar and hot rolled coil futures continued to hike on Thursday and moving away from their one-month lows on environmental restrictions announced by Tangshan, despite fundamentals remaining weak, Kallanish notes.
On the Shanghai Futures Exchange, the most-traded May 2024 rebar contract closed at CNY 3,988/tonne ($558/t) on Thursday, up CNY 48/t on the prior trading day. The same contract for HRC gained CNY 39/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