Cookie & Privacy Policy

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. View the privacy policy to find out more here.
Latest prices

Latest news

02 Dec

Surging iron ore drives Chinese steel futures higher

Surging iron ore prices have now pushed the Kallanish KORE 62% Fe index to its highest point since 11 December 2013. That has forced even rebar futures higher despite weaker construction steel demand. On the Shanghai Futures Exchange the January 2021 rebar contract closed CNY 21/tonne higher than Tuesday at CNY 3,913/t ($596/t), while the same contract for hot rolled coil closed up CNY 89/t at CNY 4,267/t. In Tangshan, billet prices were flat at CNY 3,590/t. The …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
Login to read article
– OR –
Signup for a Free Trial
Share article
Twitter X

Take a Free trial

Get daily steel news redirect to your inbox each day,
along with prices.