14
Nov
00:00
Chinese steel prices stay weak
Chinese steel futures prices remained weak last Friday as real estate sales figures and investment growth continued to sink. Lower crude steel output figures for October may have helped to slightly stabilise sentiment however, Kallanish notes.
The May 2015 rebar contract on the Shanghai Futures Exchange closed down Yuan 7/tonne at Yuan 2,524/t ($411/t), while the January 2015 hot rolled coil contract on the same exchange recovered Yuan 10/t after Thursdays f…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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