30
Oct
09:51
Chinese rebar rises less than expected
The Chinese rebar market continued to maintain a good volume of transactions last week, but the price increase was not as strong as market participants' expectations, Kallanish notes.
In Shanghai on Friday afternoon, 20mm HRB400 rebar was trading at CNY 3,650-3,660/tonne ($545-546/t), up CNY 10/t from the previous week. On the Shanghai Futures Exchange, meanwhile, the rebar contract for January 2021 closed at CNY 3,702/t, which was CNY 34/t…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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