11
Jun
10:02
Ferrous futures reopen with slumps
On the first trading day after the Dragon Boat Festival holiday, Chinese rebar and hot rolled coil futures slumped to two-month lows as the whole market saw low demand and no new policy stimulus, Kallanish notes.
On the Shanghai Futures Exchange, the most-traded October 2024 rebar contract closed at CNY 3,597/tonne ($496/t) on Tuesday, down CNY 58/t compared with the prior trading day, 7 June. The same contract for HRC …
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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