Shopping Cart

China steel futures extend gains on demand prospects, low stockpiles

Reuters - China’s steel futures rose on Wednesday on optimism about demand prospects in the world’s top metals consumer, while low domestic stockpiles also lent support.

Construction steel rebar on the Shanghai Futures Exchange closed 1.8% higher at 3,702 yuan ($527.61) a tonne, advancing for a fifth straight session.

Hot-rolled coil, used in cars and home appliances, climbed 1.9%, while stainless steel gained 0.8%.

Steel prices remained resilient despite the seasonal weakness in downstream demand, particularly for rebar, as flooding in southern China and heavy rains across the country slowed construction activities.

Continue reading...

Norilsk Nickel has a permafrost monitoring plan
Older post
Kaizen Discovery announces drilling results fro...
Newer post

This is Photoshop's version of Lorem Ipsum. Proin gravida nibh vel velit auctor aliquet. Aenean sollicitudin, lorem quis bibendum auctor, nisi elit consequat ipsum.

Morbi accumsan ipsum velit. Nam nec tellus a odio tincidunt auctora ornare odio. Sed non mauris vitae erat consequat auctor eu in elit. Class aptent taciti sociosqu ad litora torquent per conubia nostra. , per inceptos himenaeos. Mauris in erat justo. Nullam ac urna eu felis dapibus

This is a cookie agreement request — you can customize it or disable on the backoffice. Cookies help us to provide you the best experience using our website.

Client service


We're available by phone (877) 350-0771 every day from 9 am. - 9 p.m. ET.

HOURS: Monday - Friday 8AM - 5PM
Saturday - Sunday Online
Holidays Online

(877) 350-0771

1420 Kettner Blvd #100 San Diego, CA 92101


Credit Card: Visa, MasterCard, Maestro, American Express

Back To Top
Do you like any template? Apply its settings to your store — just select the template you like and press the «Apply» button of the desirable one. Templates can be switched at any time.
Applying a new template overrides the settings. Press «Copy» and paste it into any text file to save your current settings.