18
May
01:00
Steel, iron ore flat as China real estate shows signs of stability
Chinese steel futures and seaborne iron ore prices moved little on Monday after the rally of the previous ten days came to an end. China’s real estate price data meanwhile also pointed to more stability, with a growing divide between areas of stabilisation and areas of further decline, Kallanish notes.
The October 2015 rebar contract on the Shanghai Futures Exchange closed down CNY 11/tonne on Monday at CNY 2,349/t ($385/t), while the same co…
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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