13
Sep
12:01
Chinese futures remain firm after holiday
Chinese futures prices remained firm on the first trading day after the Mid-Autumn Festival holiday. The weakening of the impact of the Covid epidemic stimulated the market to recover slightly, Kallanish notes.
On the Shanghai Futures Exchange, the most-traded January 2023 rebar contract closed CNY 3/tonne ($0.43/t) higher than Tuesday at CNY 3,794/t ($547/t), while the same contract for HRC gained CNY 26/t on-day to CNY 3,864/t.
Cities such as Sichuan&…
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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