12
Jan
11:41
Rebar futures slide as purchasing slows
Negative sentiment remained hanging over futures markets on Tuesday, and participants were still cautious. Rebar futures prices fell further but hot rolled coil rebounded slightly, Kallanish notes.
On 12 January on the Shanghai Futures Exchange May 2021 rebar futures closed CNY 21/tonne lower than Monday at CNY 4,327/t ($668.3/t), while the same contract for HRC closed up CNY 4/t at CNY 4,462/t. In Tangshan, billet prices remained unchanged at …
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Anonymous
Very good overview of the weekly steel market.
Anonymous