27
Nov
08:34
Steel futures hold steady on coke support
Chinese rebar and hot rolled coil futures on Monday remained strong with higher daily intraday average deal prices, despite rebar futures closing lower than Friday, Kallanish notes.
On the Shanghai Futures Exchange, the most-traded January 2024 rebar contract closed at CNY 3,959/tonne ($554/t) on Monday, down CNY 17/t on the prior trading day. The same contract for HRC however, gained CNY 11/t to CNY 4,055/t.
Speculati…
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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