04
Mar
09:00
Steel futures stabilise after fluctuations
Chinese rebar and hot rolled coil futures fell on Monday and briefly dropped below four-month lows, before finally stabilising level with Friday as bulls entered late trading, Kallanish notes.
On the Shanghai Futures Exchange, the most-traded May 2024 rebar contract closed at CNY 3,762/tonne ($522/t) on Monday, down just CNY 1/t on the prior trading day. The same contract for HRC however gained CNY 3/t to CNY …
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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