13
Jul
14:25
Ferrous futures climb slowly on positive trade data
With the help from the release of credit and positive Chinese trade data in June, Chinese rebar and hot rolled coil futures climbed upwards again after market sentiment stablised on Tuesday, Kallanish notes.
On the Shanghai Futures Exchange the October rebar contract closed CNY 26/tonne higher than Monday at CNY 5,458/t ($844/t), and the same contract for HRC closed up CNY 39/t at CNY 5,867/t.
The General Administration of Customs posted steel exports o…
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Anonymous
Very good overview of the weekly steel market.
Anonymous