13
Jan
14:09
China's rebar market sees deals fade away
China's construction steel market participants stayed away from trading last week as the Chinese Spring Festival holiday approached, Kallanish notes.
In Shanghai on Friday afternoon, 20mm HRB400 rebar was trading at CNY 3,980-4,000/tonne ($592-595/t), up CNY 70/t on-week. The May 2023 rebar contract on the Shanghai Futures Exchange closed at CNY 4,173/t, up by CNY 37/t compared with Thursday, and rose CNY 66/t from the previous Fr…
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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