21
Jun
09:36
Chinese rebar holds before holiday
China's rebar market has experienced a rapid decline this week, just before it began a three-day holiday on Thursday for the Dragon Boat Festival.
In Shanghai on Wednesday afternoon, 20mm HRB400 rebar was trading at CNY 3,650-3,670/tonne ($507-510/t), unchanged on-week, Kallanish assesses. The October 2023 rebar contract on the Shanghai Futures Exchange closed at CNY 3,686/t, down by CNY 57/t compared with Tuesday and CNY 113/t lower from last F…
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