09
Jan
09:51
Steel futures remain weak with volatile mood
Chinese rebar and hot rolled coil futures entered the fourth day of decline without any encouraging news, alongside iron ore and coal-related futures. The rate of decline has slowed down significantly however compared with the previous three trading days, Kallanish notes.
On the Shanghai Futures Exchange (SHFE), the most-traded May 2024 rebar contract closed at CNY 3,943/tonne ($552/t) on Tuesday, down CNY 7/t on the prior tradi…
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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