02
Jul
12:37
Steel futures stay put along with raw materials
Chinese rebar and hot rolled coil futures on Tuesday closed at the same level as Monday, but the intraday average trading prices were a little higher due to macro news, Kallanish notes.
On the Shanghai Futures Exchange, the most-traded October 2024 rebar contract closed at CNY 3,562/tonne ($490/t) on Tuesday, level from the prior trading day. The same contract for HRC lost just CNY 3/t to CNY 3,757/t.
The signal released by the central bank on…
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