12
Oct
10:23
Steel futures fluctuate higher on limited inventory loss
Although steel inventories still fell in the past week, the decline was slow and the performance differences among products were obvious. Chinese rebar and hot rolled coil futures were still trading wildly on Thursday and ended up making only limited gains, Kallanish notes.
On the Shanghai Futures Exchange, the most-traded October 2023 rebar contract closed CNY 8/t higher than Wednesday at CNY 3,627/t ($499/t), and the same contract for HRC gai…
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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