28
Mar
16:40
Chines steel futures consolidate
Chinese steel futures continued their mini-revival on Wednesday with both rebar and hot rolled coil continuing to recover from last week’s falls, Kallanish notes. News that Chinese steel exports were still down year-on-year in February (see separate article) will have given a slight boost to domestic market sentiment.
On the Shanghai Futures Exchange the May rebar contract closed at CNY 3,424/tonne ($544/t), CNY 11/t higher than Tu…
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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