10
Jan
08:48
Chinese rebar prices stabilise in quiet market
China's rebar market remains flat as demand is largely absent, Kallanish notes.
In Shanghai on Friday afternoon, 20mm HRB400 rebar was trading at CNY 3,640-3,650/tonne ($522-524/t), unchanged from the previous Friday. On the Shanghai Futures Exchange meanwhile, the rebar contract for May 2020 closed at CNY 3,571/t, CNY 28/t higher from the last Friday and CNY 16/t higher than Thursday.
10 January is the first day of th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous