19
Jan
00:00
Chinese steel prices barely move on mixed house price data
Chinese steel futures prices barely moved on Monday as data for December showed house prices down, but at a slower pace than previously. Iron ore prices also barely moved despite the cyclone forming off Australia’s key export ports, Kallanish notes.
China’s average house prices were down for the ninth month in a row in December, according to the National Bureau of Statistics (NBS). The 0.4% decline was slower than the 0.57% in November and 0.97% …
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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