25
May
12:52
Steel futures fluctuate before national economic meeting
Chinese rebar and hot rolled coil futures were still meeting turbulence on Wednesday due to sluggish demand, but the National Video and Telephone Conference on Stabilizing the Economic Market pushed them up a bit in the aftrenoon, Kallanish notes.
On the Shanghai Futures Exchange, the most-traded October 2022 rebar contract closed CNY 73/tonne higher than Tuesday at CNY 4,541/t ($680/t), and the same contract for HRC closed up CNY 64/t at CNY 4,673/t.
The State C…
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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