Cookie & Privacy Policy

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. View the privacy policy to find out more here.
Latest prices

Latest news

Home China Focus China Steel Intelligence

CSI: China gambles on speculator curbs

CSI: China gambles on speculator curbs (Aug. 31, 2017)

Sample files

China’s steel markets gained strength again in August, sending spot prices higher and boosting confidence. This strength is causing two separate issues, weak exports and increased futures trading. Higher futures prices have now prompted curbs on speculators, sending ferrous futures markets into confusion. Ironically, attempts to reduce the risk of speculators crashing commodity markets is creating uncertainty over when and how the government will intervene. In this issue we look at whether or not risk has been increasing in ferrous futures markets and whether interventions are helping.

Latest prices

+/-
Rebar in Coil / Shanghai FOT CNY/t 1.0%
HRC / China FOB USD/t 1.0%
Rebar / N Europe Ex-Works EUR/t 1.0%
HDG / N Europe Ex-Works EUR/t 0.0%
HRC / China FOT Warehouse CNY/t 1.0%
Quasi-First Grade Coke / fot Rizhao Port CNY/t -1.0%
Low sulphur coking coal / ex-works Anze CNY/t -3.0%
HRC / N Europe Ex-Works EUR/t 0.0%
More Ferrous prices

More Global Prices

+/-
Billet / Tangshan Ex-Works CNY/t -1.0%
KORE 65% Fe / Qingdao CFR USD/t 0.79%
High Speed Wire Rod / Shanghai FOT CNY/t 1.0%
Billet / Manila CFR USD/t -1.0%
HDG / China FOT CNY/t 0.0%
Rebar / China FOT Warehouse CNY/t 0.0%
CRC / N Europe Ex-Works EUR/t 0.0%
Wire Rod / Turkey FOB USD/t -1.0%
KORE 62% Fe / Qingdao CFR USD/t 1.14%
Lvliang Quasi-first coke CNY/t ex-works -3.0%
E40 Shredded Scrap / Pakistan / CFR USD/t -2.0%
Coking coal / Australia FOB / USD/t -0.33%
More Ferrous prices