21
Jan
12:39
Chinese rebar stable as market starts holiday early
The Chinese rebar market has entered the Lunar New Year holiday period earlier than in past years, with the government's strict restrictions on the movement of people causing more traders to leave work early, Kallanish notes.
In Shanghai on Friday afternoon, 20mm HRB400 rebar was trading at CNY 4,610-4,630/tonne ($727-731/t), unchanged from the previous Friday. On the Shanghai Futures Exchange on the same day, the May 2022 rebar contract closed at CN…
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Anonymous
Very good overview of the weekly steel market.
Anonymous