07
Jan
12:47
Chinese stainless steel futures boost on nickel price
China's stainless steel market and futures prices increased on Thursday. At the same time, nickel futures on the London Metal Exchange also hit a new high, Kallanish notes.
On 7 January on the Shanghai Futures Exchange March 2021 stainless steel futures closed at CNY 14,725/t ($2,276/t), up by 4.95% compared with Wednesday. Meanwhile, the three-month nickel price on the London Metals Exchange crossed $18,000/t, hitting the highest since September 2019 and…
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Anonymous
Very good overview of the weekly steel market.
Anonymous