07
Jan
10:34
Steel futures regain confidence amid Hebei lockdown
Chinese rebar and hot rolled coil futures gained confidence on Thursday as Hebei’s developing lockdown revised expectations of supply. Limits on traffic began to hinder the circulation of products, leading to delayed shipments, Kallanish notes.
On 7 January on the Shanghai Futures Exchange May 2021 rebar futures closed CNY 78/tonne higher than Wednesday at CNY 4,455/t ($689.7/t), while the same contract for HRC closed up CNY 139/t at CNY …
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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