01
Apr
13:09
Chinese rebar trade stalls, offers grow
Chinese rebar spot trading has frozen in the east of the country, but the futures market has been more positive, Kallanish notes.
In Shanghai on Friday afternoon, 20mm HRB400 rebar was trading at CNY 4,780-4,800/tonne ($751-754/t), level from a week earlier. The main contract on the Shanghai Futures Exchange this week shifted to October 2022, which closed at CNY 5,160/t, up by CNY 99/t compared with Thursday and up CNY 147/t compared …
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Anonymous
Very good overview of the weekly steel market.
Anonymous