Copying and distributing are prohibited without permission of the publisher

***CHINA STEEL WRAP: Shanghai rebar extends gains

February 09, 2010 - 08:13 GMT Location: Shanghai

KEYWORDS: china , steel , price , rebar , wire rod , hrc , futures

Chinese rebar futures rose again as short positions are liquidated ahead of the New Year holiday.

+ SSEC HRC down 0.18 % to 3,880 yuan ($568) Chinese rebar futures rose again as short positions are liquidated ahead of the New Year holiday. Benchmark May rebar on the Shanghai Futures Exchange (SHFE) ended 28 yuan per tonne or 0.68% higher than Monday, while April hot rolled coil on Shanghai Steel Exchange (SSEC) dipped...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.

Please log in using your online subscriber details.
Your username will be your registered email address with Metal Bulletin.

If you aren't a subscriber yet, feel free to take a seven day free trial, or subscribe using the instructions below.

A standard subscription include one year's worth of news and prices. You can also upgrade to the full archive and benefit from more than 13 years of intelligence. Start your subscription today.

Free trial

Taking a free trial will give you open access to Metal Bulletin online news, prices, archived content and email alert service for the next seven days. Start your free trial today.

Free trial

Already have an account?

Carbon Steel Long Products

Feb 8, 2012 17:30 LME 3M billet sees official gain for second consecutive day
Feb 8, 2012 16:41 Metinvest to pump $8bn into Azovstal, Ilyich works by 2020
Feb 8, 2012 15:45 Chile's 2011 rebar shipments return to pre-credit crunch levels
Feb 8, 2012 15:39 Russia’s new car sales up 20% in January
Feb 8, 2012 13:16 Iran's Esco doubles sintering capacity with fourth plant

Carbon Steel Flat Products

Feb 8, 2012 16:41 Metinvest to pump $8bn into Azovstal, Ilyich works by 2020
Feb 8, 2012 16:20 Serbia plans 10-day shutdown of Smederovo plant, news agency says
Feb 8, 2012 15:39 Russia’s new car sales up 20% in January
Feb 8, 2012 15:18 India's HRC producers may face domestic price war
Feb 8, 2012 09:24 CHINA STEEL WRAP: Spot longs steel price down on higher output, lower exw prices

Comment & analysis

LORD COPPER: Glencore-Xstrata will be a merger of more-than-equals

Glenstrata, X-Core, Davenberg, Mivan? Whatever the result of the Glencore-Xstrata merger is to be called, finding a name is an inevitable step after the IPO.
COMMENT: Glenstrata still has to break the mould

The news that Glencore and Xstrata are in merger talks would only come as a surprise to someone living under a rock, and only then if said rock did not contain any valuable minerals. But now that talks of a tie-up of the world’s largest metals trader and its fourth largest miner have finally moved into the boardroom, hypothetical questions have become real, and the answers are far from certain.
APEX FULL YEAR 2011: Base metal forecasts: astounding accuracy

Astounding upon astounding: that is how the 2011 leaderboard for Apex, the Metal Bulletin service that tracks the performance of over twenty top base metal price forecasters, appears when you consider it coldly.