13
Jul
10:30
Steel futures pause after rapid slump
Chinese rebar and hot rolled coil futures fell into a brief stagnation on Wednesday after two consecutive days of drops to new yearly lows. The central bank's intraday news, mostly semi-annual summaries rather than stimulus measures, failed to lift the market., Kallanish notes.
On the Shanghai Futures Exchange, the most-traded October 2022 rebar contract closed at CNY 3,910/tonne ($582/t), remaining unchanged from Tuesday. The same contract for …
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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