16
Sep
13:41
Steel futures continue to rise on output decline
Due to energy consumption intensity exceeding requirements, further production control measures are being implemented in several Chinese provinces. Chinese rebar and hot rolled coil futures continued to rise on Thursday, Kallanish notes.
On the Shanghai Futures Exchange the January 2022 rebar contract closed CNY 23/tonne higher than Wednesday at CNY 5,541/t ($860/t), and the same contract for HRC closed up CNY 49/t at CNY 5,743/t.
Steelmakers in Ji…
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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