08
Jul
09:06
Steel futures slump to quarterly lows
Chinese rebar and hot rolled coil futures on Monday entered the second consecutive day of significant decline and finally touched their lowest levels in the past three months, Kallanish learns.
On the Shanghai Futures Exchange, the most-traded October 2024 rebar contract closed at CNY 3,503/tonne ($482/t) on Monday, down CNY 50/t from the prior trading day. The same contract for HRC lost CNY 53/t to CNY 3,706/t.
Raw materials and steel are mov…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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