
China iron ore tracks rebar higher on firm steel demand outlook
Iron ore futures in China jumped nearly 4 percent on Wednesday, tracking gains in steel prices, with declining steel inventories indicating firm demand as Beijing sustains a campaign to curb excess supply.
Eastern China ferrous scrap price tracks rebar lower
Ferrous scrap prices resumed their descent in eastern China as rebar prices continued to fall due to weak demand...
Shanghai rebar tracks equities higher, but demand woes weigh
Shanghai steel rebar futures edged up as equities firmed on Thursday, but gains were limited as slow demand kept...