19
Apr
12:14
Steel futures dip in volatile market
Under the interweaving impact of positive and negative news, Chinese rebar and hot rolled coil futures continued to fluctuate and finally fell slightly on Monday. The trend of destocking, supported by strong demand, has not changed, Kallanish notes.
On 19 April on the Shanghai Futures Exchange, October 2021 rebar futures closed CNY 34/tonne lower than the previous Friday at CNY 5,082/t ($781/t), and the same contract for HRC closed down&n…
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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