16
Jan
08:48
Steel futures remain volatile amid quiet market
Market sentiment still had no clear direction as interest rates were kept unchanged and steel prices have fallen to recent lows. Chinese rebar and hot rolled coil futures continued to fluctuate on Tuesday, and only made a small climb thanks to a last minute jump, Kallanish notes.
On the Shanghai Futures Exchange (SHFE), the most-traded May 2024 rebar contract closed at CNY 3,899/tonne ($544/t) on Tuesday, up CNY 3/t on the prior …
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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