26
Jun
13:33
Chinese steel futures prices took a breather on Wednesday following a rapid increase so far this week. Sentiment has been boosted both by production restrictions and support for end user demand, Kallanish notes.
On the Shanghai Futures Exchange the October rebar contract closed at CNY 3,998/tonne ($581/t), just CNY 4/t higher than Tuesday, while the same contract for hot rolled coil closed up CNY 3/t at CNY 3,916/t.
Steel markets continue to be buoy…
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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