04
Jul
09:38
Steel futures remain unchanged in quiet market
Following the previous day’s increase triggered by production cut measures imposed in Tangshan, Chinese rebar and hot rolled coil futures remained unchanged on Tuesday. The impact of the cuts subsided and demand remains sluggish, Kallanish notes.
On the Shanghai Futures Exchange, the most-traded October 2023 rebar contract closed CNY 1/tonne higher than Monday at CNY 3,768/t ($522/t), while the same contract for HRC gained …
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Anonymous
Very good overview of the weekly steel market.
Anonymous