02
Jun
11:40
Post-lockdown trading resumption drives China's rebar prices
Chinese rebar prices rebounded after trading in Shanghai's spot market resumed after the Covid-19 lockdown. At the same time, news of environmental protection inspections and infrastructure investment also stimulated futures market growth, Kallanish notes.
In Shanghai on Thursday afternoon, 20mm HRB400 rebar was trading at CNY 4,620-4,640/tonne ($692-695/t), up by CNY 70/t on-week. The October rebar contract on the Shanghai Futures Exchange closed at…
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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