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The front-month rebar contract’s price soared to match our target of 4,000 yuan (US$578.50) per tonne. We continue to believe some consolidation is needed around this area, partly because it is ...
Profit taking in Shanghai steel rebar futures last week has seen open interest dip from a record high and prices form a doji-shaped weekly candle. This chart pattern, which has similarities with a ...
a similar decline from 2012 iron ore price highs of US$150/t suggests potential downside to around US$100/t Cross has a chart that points out that the last time Chinese rebar was priced at this ...
Steel reinforcement-bar futures in China fell for the first time in five sessions after the government said the decline in factory-gate prices deepened ... be protracted. Rebar for delivery ...
(Updates rebar price) SHANGHAI, April 6 (Reuters) - Shanghai rebar futures extended gains to a nearly three-month high on Friday, amid a pickup in steel demand as construction activity resumes ...
Steel reinforcement-bar futures fell for a third day in China after the price of iron ore slumped, reducing production costs for the alloy used for railways and buildings. Rebar for delivery in ...
The Construction MMI fell by 5.04% due to sliding steel prices, although there was a slight rebound in H-beam steel and steel rebar prices within the first two weeks of June. Ongoing wildfires in ...
Iron ore climbs to 5-week high * Australian Pilbara fines offered at $1 more * Gains in steel prices likely to be curbed (Updates with rebar price) SHANGHAI, March 14 (Reuters) - Iron ore prices ...
Moreover, price fluctuations could occur due to shifts in demand. “Domestically, the EU steel market remains sluggish,” the BigMint report said. Rebar prices (used in construction activities ...
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