26
Sep
10:15
Steel futures stand still in calm market
Entering the last week before the seven-day National Day holiday, spot market transactions remained stable despite some more restocking. The lack of momentum in financial markets left Chinese rebar and hot rolled coil futures stable on Monday, Kallanish notes.
On the Shanghai Futures Exchange, the most-traded January 2023 rebar contract closed just CNY 1/tonne lower than Friday at CNY 3,765/t ($527/t), while the same contract for HRC lost …
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Anonymous
Very good overview of the weekly steel market.
Anonymous