11
Dec
11:22
Chinese steel futures cool after Beijing meeting
Chinese rebar and hot rolled coil futures fell on Monday as the market turned quieter. The Central Economic Work Conference was held last Friday, and Kallanish obverves that its positive impact on sentiment has faded starting from this week.
On the Shanghai Futures Exchange, the most-traded May 2024 rebar contract closed at CNY 4,025/tonne ($560/t) on Monday, down CNY 17/t on the prior trading day. The same contract for HRC lost …
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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