08
Aug
11:33
Steel futures slip again as property stocks slump
Chinese rebar and hot rolled coil futures started to fall again on Tuesday after pausing over the past two trading days. Weakness in market sentiment drove the decline, Kallanish notes.
On the Shanghai Futures Exchange, the most-traded October 2023 rebar contract closed CNY 40/tonne lower than Monday at CNY 3,692/t ($512/t), and the same contract for HRC lost CNY 36/t to CNY 3,948/t.
China's largest private real estate …
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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