01
Sep
12:22
Steel futures weaken but supply remains tight
Chinese rebar and hot rolled coil futures continued to fall slightly on Wednesday, while further production cuts are being implemented at several companies. Raw materials other than iron ore are also seeing offers increase with tight supply, Kallanish notes.
On the Shanghai Futures Exchange the January 2022 rebar contract closed CNY 66/tonne lower than Tuesday at CNY 5,242/t ($811/t), and the same contract for HRC closed down CNY 72/t at C…
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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