27
Feb
11:32
Steel futures fall despite production restrictions
Chinese rebar and hot rolled coil futures continued to fall slowly on Monday from recent eight-month highs. This was despite mine safety investigations that were supporting coking coal and coke prices, and production restrictions in Tangshan, Kallanish notes.
On the Shanghai Futures Exchange, the most-traded May 2023 rebar contract closed CNY 33/tonne lower than Friday at CNY 4,191/t ($613/t), while the same contract for HRC …
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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