CHINA STEEL WRAP: Market firms at year-end

China’s spot steel market held steady on the last trading day of the year as positive manufacturing data and rising raw materials costs buoyed sentiment.

In Beijing, grade III rebar traded 3,580-3,650 yuan ($567-578) per tonne, the same as last Friday. In Shanghai, prices of the same product stood at 3,440-3,680 yuan per tonne, also...


Steel HC

Kiki Kang

December 31, 2012

10:22 GMT