22
Nov
09:53
Steel futures keep fluctuating in quiet market
Chinese rebar and hot rolled coil futures kept fluctuating in a small range on Wednesday. The market was quiet and relaxed financing for property companies continued to dominate discussion, Kallanish notes.
On the Shanghai Futures Exchange, the most-traded January 2024 rebar contract closed at CNY 4,001/tonne ($561/t) on Wednesday, up CNY 18/t on the prior trading day. The same contract for HRC gained CNY 42/t to CNY 4,059/t…
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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