23
Jan
13:18
Chinese rebar stays stable, outlook unclear
The Chinese rebar market has experienced a quiet week as traders have stopped activity ahead of the Chinese New Year holiday, Kallanish notes.
In Shanghai on Thursday afternoon, 20mm HRB400 rebar was trading at CNY 3,640-3,660/tonne ($530-533/t), unchanged from the previous week. On the Shanghai Futures Exchange, meanwhile, the rebar contract for May 2020 closed at CNY 3,500/t, CNY 95/t lower from the last Friday and CNY 58/…
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Anonymous
Very good overview of the weekly steel market.
Anonymous