29
Aug
09:57
Ferrous futures keep stable in quiet market
Steel futures markets were quiet on Tuesday. Rebar futures closed slightly higher on-day, but the average transaction prices of rebar and hot rolled coil futures on the day both dropped slowly compared with Monday, Kallanish notes.
On the Shanghai Futures Exchange, the most-traded October 2023 rebar contract closed CNY 11/tonne higher than Monday at CNY 3,678/t ($505/t), but the same contract for HRC lost CNY 10/t to CNY 3,…
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Anonymous
Very good overview of the weekly steel market.
Anonymous