16
Aug
12:13
Slow economic momentum hits steel futures
Monthly economic data released by the National Bureau of Statistics (NBS) shows a sharp slowdown in July, including lower-than-expected industrial investment, production and consumption, as well as weak real estate and infrastructure. As a result, Chinese rebar and hot rolled coil futures dropped rapidly after market confidence and expectations were undermined on Monday, Kallanish notes.
On the Shanghai Futures Exchange the January 2022 rebar contract closed …
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous