28
Oct
00:00
Steel, iron ore slide slowly on weak sentiment
China’s steel futures prices slid, but only slightly on Tuesday as weak sentiment was moderated by a consumer sentiment survey suggesting house prices were expected to stall rather than collapse. Iron ore too traded only a little lower in three deals on the GlobalORE platform, Kallanish observes.
The May 2015 rebar contract on the Shanghai Futures Exchange closed down just Yuan 2/tonne at Yuan 2,548/t ($415/t). The January 2015 hot rolled coil contract…
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