23
Jun
12:14
Steel futures rebound on strong raw materials
Chinese rebar and hot rolled coil futures managed a small rebound on Wednesday due to strong support from raw materials, including iron ore, coke and coking coal, Kallanish notes.
On the Shanghai Futures Exchange the October rebar contract closed CNY 49/tonne higher than Tuesday at CNY 4,934/t ($761/t), while the same contract for HRC remained unmoved at CNY 5,153/t.
Due to tight supply in Shanxi Province caused by a coal mine disaster, environmental inspections …
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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