29
Dec
12:26
Chinese rebar prices return to 2023-start levels
China's construction steel market remained quiet in the last week before the New Year's Day holiday, with Friday market trading ending early in preparation for the holiday.
In Shanghai on Friday afternoon, 20mm HRB400 rebar was trading at CNY 3,920-3,940/tonne ($551-554/t), unchanged on-week, Kallanish assesses. The May 2024 rebar contract on the Shanghai Futures Exchange closed at CNY 4,002/t, unchanged compared with Thursday and CNY 2/t lower from t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous