11
Mar
11:52
China's rebar prices fall after price hike
China's steel market experienced a roller coaster ride last week, with surging commodities markets driving the futures higher. Spot trading volumes however fell back, Kallanish notes.
In Shanghai on Friday afternoon, 20mm HRB400 rebar was trading at CNY 4,720-4,740/tonne ($746-749/t), unchanged from a week earlier. On the Shanghai Futures Exchange on the same day, the May 2022 rebar contract closed at CNY 4,917/t, up by CNY 21/t compared wi…
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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