26
May
01:00
Iron ore and steel climb slowly while Chinese investments billed
Seaborne iron ore and Chinese steel futures prices followed each other slowly upwards again on Monday, partly driven by a slow outflow of iron ore from Chinese port stocks. Beijing continues to announce large investment projects through official channels and politically-connected developers, although these investments have yet to be fully financed and put into action, Kallanish notes.
The October 2015 rebar contract on the Shanghai Futures Exchange closed up…
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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