01
Dec
00:00
Steel price rebound ends
Chinese steel futures prices ended their short-lived rebound and rebar lost ground slightly on Monday. Iron ore prices also confirmed their level close to the $70/tonne mark, Kallanish notes.
The May 2015 rebar contract on the Shanghai Futures Exchange lost Yuan 21/t over the day to close at Yuan 2,521/t ($411/t). The January 2015 hot rolled coil contract on the same exchange managed to gain Yuan 34/t over the day to close at Yuan 2,986/t, still shy of the Y…
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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