03
Nov
00:00
Chinese steel futures fall amid uncertainty
Chinese steel futures prices fell faster on Monday on continued pessimism, while GlobalORE saw only index-linked trades amid an uncertain outlook for the rest of the year. Sentiment was not helped by mixed manufacturing data released over the weekend, Kallanish notes.
The May 2015 rebar contract on the Shanghai Futures Exchange closed the day down Yuan 35/tonne at Yuan 2,542/t ($414/t), while the January 2015 hot rolled coil contract on the same exchange clo…
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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