18
Jan
11:48
Macro data boosts steel futures
2020 economic data released by the National Bureau of Statistics on Monday boosted futures markets confidence. However, weak demand in spot markets continued as more projects began to shut down before the Chinese New Year holiday, Kallanish notes.
On 18 January on the Shanghai Futures Exchange, May 2021 rebar futures closed CNY 32/tonne higher than last Friday at CNY 4,392/t ($676/t). The same contract for hot rolled coil closed up CNY 14/…
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Anonymous
Very good overview of the weekly steel market.
Anonymous