17
May
13:17
Steel futures remain volatile amid weak impetus
Chinese rebar and hot rolled coil futures inched up on Tuesday morning after fluctuating at low levels for days, but the signals from the National Development and Reform Commission (NDRC) on commodity price supervision brought them lower again by the afternoon, Kallanish notes.
On the Shanghai Futures Exchange, the most-traded October 2022 rebar contract closed CNY 29/tonne lower than Monday at CNY 4,650/t ($691/t), and the same contract for HRC closed down CNY 4/…
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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