17
May
01:00
Steel prices hold as iron ore tumbles further
Chinese steel futures prices held steady on Friday and physical steel prices were down only a little week on week, while iron ore prices continued to slide. China’s macro-economic news was mixed but continued to show some positive signs, including controlled rate of non-performing loans, Kallanish notes.
The October 2015 rebar contract on the Shanghai Futures Exchange closed up CNY 9/t at CNY 2,372/t ($388/t), while the same contract for hot …
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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