20
Jan
14:09
Chinese rebar remains on holiday
The Chinese construction steel market saw a freeze in trading activity in the final week before the Chinese New Year holiday. Steel prices were flat as market players head into holidays, Kallanish notes.
In Shanghai on Friday afternoon, 20mm HRB400 rebar was trading at CNY 3,980-4,000/tonne ($586-589/t), unchanged on-week. The May 2023 rebar contract on the Shanghai Futures Exchange closed at CNY 4,179/t, declining by CNY 17/t compared with Thu…
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