12
Jul
10:43
Steel futures hike further on real estate support
Chinese rebar and hot rolled coil futures hiked further on Wednesday but remained within the CNY 150/tonne range seen over the last month, Kallanish notes.
On the Shanghai Futures Exchange, the most-traded October 2023 rebar contract closed CNY 37/tonne higher than Tuesday at CNY 3,716/t ($517/t), while the same contract for HRC gained CNY 37/t to CNY 3,819/t.
The one-year extension of two financial measures targeting real …
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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