13
Dec
08:13
Steel futures keep flat amid quiet market
Policy developments and market news were calmer on Tuesday. Chinese rebar and hot rolled coil futures thus stayed put after climbing in the past fortnight, Kallanish notes.
On the Shanghai Futures Exchange, the most-traded May 2023 rebar contract closed CNY 2/tonne higher than Monday at CNY 3,937/t ($564/t), while the same contract for HRC gained CNY 1/t to CNY 4,032/t.
In spot markets, winter demand has actually weakened slowly against …
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Anonymous
Very good overview of the weekly steel market.
Anonymous