29
Jan
10:03
Steel futures stabilise amid small-range fluctuations
Chinese rebar and hot rolled coil futures have achieved basic stability after experiencing a round of fluctuations within a short range on Monday. Spot market transactions remained weak, Kallanish notes.
On the Shanghai Futures Exchange, the most-traded May 2024 rebar contract closed at CNY 3,968/tonne ($553/t) on Monday, down just CNY 5/t on the prior trading day. The same contract for HRC lost CNY 10/t to CNY 4,0…
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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