01
Sep
14:23
Chinese stainless steel market drops on imports rumour
The Chinese stainless steel market saw a sharp decline on Wednesday as rumours spread that China will relax its anti-dumping restrictions on stainless steel flat products imported from Indonesia.
Kallanish notes from Shanghai Futures Exchange that the main stainless steel contract for October 2021 declined by CNY 895/tonne ($138.46/t) on Wednesday to CNY 17,560/t. Under the influence of the possible relaxation of import restrictions and the expected increase …
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