29
Mar
14:06
Steel futures slip amid volatility
Unlike bullish raw materials that have been boosted by the upcoming production resumption in Tangshan, Chinese rebar and hot rolled coil futures turned to fall slowly, without further support from fundamentals or sentiment, Kallanish notes.
On the Shanghai Futures Exchange, the September 2022 rebar contract became the most traded, closing CNY 46/tonne lower than Monday at CNY 5,012/t ($788/t), but the same contract for HRC closed up CNY 49/t at CNY 5,255/t.
The n…
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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