07
Dec
00:00
Iron ore prices hold, giving moderate boost to Chinese futures
Chinese steel futures prices continued to stabilise on Friday, with the January hot rolled coil contract again over Yuan 3,000/tonne ($489/t). Iron ore prices traded level, confirming their position just over $70/t, on the GlobalORE trading platform.
Although the January hot rolled coil contract on the Shanghai Futures Exchange topped Yuan 3,000/t for the first time in months at Yuan 3,006/t, it also relinquished its position as the most traded contract. The…
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Anonymous
Very good overview of the weekly steel market.
Anonymous