20
Jan
00:00
Chinese prices fall slightly on GDP, production news
Chinese steel futures prices fell only slightly on Tuesday despite a slew of key official economic data releases. The market was already braced for the GDP slowdown and weak steel figures, Kallanish notes.
The May 2015 rebar contract on the Shanghai Futures Exchange closed down Yuan 13/tonne on Tuesday at Yuan 2,488/t ($407/t), while the same contract for hot rolled coil closed down 20/t at Yuan 2,644/t.
Iron ore prices too slid as poor sentiment hit …
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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