22
Mar
10:27
Tangshan restrictions dominate futures market sentiment
Chinese rebar and hot rolled coil futures stayed strong on Monday as steel mills in Tangshan are strictly implementing production restriction measures, and rumours of further crude steel capacity reductions moved market sentiment, Kallanish notes.
On 22 March on the Shanghai Futures Exchange, May 2021 rebar futures closed CNY 17/tonne higher than the previous Friday at CNY 4,763/t ($732/t). The same contract for HRC closed up CNY 71/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