15
Apr
01:00
Chinese steel futures slide as stimulus withheld for now
Chinese steel futures prices fell slightly on Wednesday after a raft of economic data painted a mixed picture for steel demand. Comments from premier Li Keqiang suggesting China would hold its course and not increase open stimulus suggested no new policy in the short term. Many still expect easing of credit and other measures later in the year, Kallanish notes.
The October rebar contract on the Shanghai Futures Exchange closed down CNY 24/tonne 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