30
Sep
13:53
Steel prices fluctuate on holiday uncertainty
Chinese steel spot prices have fluctuated every day in the last week as expectations for the market after the holiday remains mixed. Futures prices ended the week on a dismal note, however, Kallanish notes.
In Shanghai spot 20mm HRB400 rebar prices were at around CNY 2,250-2,300/tonne ($337-345/t) on Friday, down CNY 20/t over the week after daily fluctuations in every direction. 5.5x1,500mm Q235B hot rolled coil, meanwhile, finished the week up CNY 10…
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Anonymous
Very good overview of the weekly steel market.
Anonymous