15
Dec
11:22
Steel futures inch up despite economic data
Chinese futures markets regarded lower November real estate and investment data published on Wednesday as in line with expectations. Prices for rebar and hot rolled coil continued to push up slowly due to output restriction expectations, Kallanish notes.
On the Shanghai Futures Exchange, the May 2022 rebar contract closed CNY 59/tonne higher than Tuesday at CNY 4,441/t ($698/t). Meanwhile, the same contract for hot rolled coil closed …
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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