15
Feb
14:33
Chinese steel futures dip
Chinese steel futures prices dipped slightly on Wednesday after a rocky session in night trading despite positive spot market sentiment. Wednesday was also the first day of share swaps for holders of Wisco shares, Kallanish notes.
The May rebar contract on the Shanghai Futures Exchange closed at CNY 3,391/tonne ($493/t), down CNY 28/t, while the same contract for hot rolled coil closed down CNY 31/t at CNY 3,677/t. There were spurts of selling through the d…
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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