16
Jul
13:13
Chinese rebar surges with policy support
China's construction steel market was boosted by loose financial policies last week. At the same time, news of impending production restrictions is also having a continued impact on the market, Kallanish notes.
In Shanghai on Friday afternoon, 20mm HRB400 rebar was trading at CNY 5,070-5,090/tonne ($784-787/t), up by CNY 160/t from the week before. On the Shanghai Futures Exchange, the rebar contract for October 2021 closed at CNY 5,559/t, …
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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