09
Jul
10:10
Steel futures hold above quarterly lows
Chinese rebar and hot rolled coil futures on Tuesday held relatively stable above the quarterly lows that both had reached on Monday, Kallanish learns.
On the Shanghai Futures Exchange, the most-traded October 2024 rebar contract closed at CNY 3,515/tonne ($483/t) on Tuesday, rebounding CNY 12/t from the prior trading day. The same contract for HRC gained CNY 5/t to CNY 3,711/t.
Despite reaching this level, rebar and HRC futures still face signific…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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