20
Jan
10:24
Steel futures remain volatile amid restocking uncertainty
Chinese rebar and hot rolled coil futures rebounded a little on Wednesday after the huge decline on Tuesday, leaving futures prices still fluctuating within a range, with little obvious change in fundamentals, Kallanish notes.
On 20 January on the Shanghai Futures Exchange, May 2021 rebar futures closed CNY 22/tonne higher than Tuesday at CNY 4,310/t ($666/t), and the same contract for HRC closed up CNY 29/t at CNY 4,413/t. In Ta…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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