08
Nov
08:13
Chinese rebar gains on demand
Chinese rebar market prices continued to rise this week, but the gains have narrowed, Kallanish notes. After the Shanghai Import Expo, an increasing number of ships from northern China are now unloading in eastern China's ports.
In Shanghai on Friday afternoon, 20mm HRB400 rebar was trading at CNY 3,700-3,720/tonne ($530-533/t), up CNY 30/t from the previous Friday. On the Shanghai Futures Exchange meanwhile, the January rebar contract closed …
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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