
Shanghai rebar rises for second day on falling output
Chinese steel futures extended gains for a second session on Wednesday after data from an industrial association showed a dip in daily crude output in late May amid government efforts to curb pollution.
Shanghai rebar drops nearly 2 pct on lean seasonal demand
Shanghai steel futures fell nearly 2 percent on Wednesday, slipping for a second straight day on worries that...
Shanghai rebar, iron ore futures rebound after heavy losses
Chinese steel futures rose more than 3 percent on Thursday after three straight days of losses, lifted by a spike in spot prices and supported by a technical correction.
Shanghai rebar gains after China housing data but demand worries persist
Shanghai steel futures edged higher on Monday after weekend data showed increases in Chinese home prices appear...
Shanghai rebar futures rise to 4-mth high, drive iron ore higher
Chinese steel futures surged to a four-month high on Wednesday as investors expect demand in the world’s top producer to pick up amid low inventories after the coming Lunar New Year holiday, ...
Shanghai rebar climbs 2 pct on mills cutting output, low stockpiles
Shanghai rebar futures climbed 2 percent on Tuesday as production cuts by Chinese mills may contribute to further reductions in already historically low stockpiles, though overall demand remains soft. ...
Eastern China ferrous scrap stable on rising domestic rebar prices
After dropping for five consecutive weeks, ferrous scrap prices in eastern China remained stable for the second...