04
Mar
11:04
Ferrous futures fluctuate slightly amid brief tranquility
Chinese rebar and hot rolled coil futures fluctuated at high levels on Thursday as the market was waiting for the opening of the “Two Sessions” political meetings. Supply and demand showed no big changes, Kallanish notes.
On 4 March on the Shanghai Futures Exchange, May 2021 rebar futures closed CNY 7/tonne higher than Wednesday at CNY 4,849/t ($749/t), and the same contract for HRC closed down CNY 10/t at CNY 5,016/t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous