11
Dec
08:47
Tangshan billet market is dull amid sluggish demand
The Tangshan billet market is still dull due to sluggish demand in the off season, Kallanish understands from market participants. Speculation among traders has become more active than the week before with futures rallying in the second half of the week.
Tangshan spot billet prices rose CNY 90/tonne ($12.5/t) on-week to CNY 3,770/t on 11 December, while the May rebar contract on the Shanghai Futures Exchange closed at CNY 4,025/t, up CNY 125/t over the week. Mills…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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