06
Sep
11:36
Steel futures crawl upwards amid output suppression
Central government environmental inspection teams are putting greater pressure on crude steel production in several Chinese provinces. As a result, Chinese rebar and hot rolled coil futures moved up slightly on Monday, Kallanish notes.
On the Shanghai Futures Exchange the January 2022 rebar contract closed CNY 65/tonne higher than the previous Friday at CNY 5,473/t ($848/t), and the same contract for HRC closed up CNY 38/t at CNY 5,822/t.
Apart fro…
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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