08
Mar
11:24
US bill, Tangshan restrictions drive steel futures
Chinese rebar and hot rolled coil futures climbed on Monday, helped along by improving investor sentiment. Tangshan and Handan meanwhile implemented restrictions due to air pollution, Kallanish notes.
On 8 March on the Shanghai Futures Exchange, May 2021 rebar futures closed CNY 56/tonne higher than last Friday at CNY 4,752/t ($728/t), and the same contract for HRC closed up CNY 86/t at CNY 4,964/t.
Tangshan implemented production re…
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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