Steel reinforcement bar futures climbed for a second day on expectations that government policies will spur urban development,boosting demand for the material used in housing and infrastructure. Rebar for delivery in May rose 0.1 percent ...
Tags: steel, rebar, investment, delivery
The Federal Reserve announced overnight that it will continue monthly purchase of USD 40 billion mortgage backed securities buy additional USD 45 billion long term Treasury bonds and keep low interest rate unchanged until at least mid 2015 ...
Tags: aluminum, LME aluminum, LME aluminum inventories, aluminum prices
Bloomberg reported that steel reinforcement-bar futures dropped for a second day after a leading indicator for China's economy rose at a slower pace, boosting concern that demand growth for the construction material may slow. Rebar for ...
Tags: reinforcement-bar, dropped, construction material, rebar
Reuters reported that Shanghai rebar futures climbing on Friday to levels last seen in August after data showed China's factory activity picked up pace in December. The most active rebar contract for May delivery on the Shanghai Futures ...
Tags: Steel rebar, Steel, rebar futures, rebar
Reuters reported that shanghai steel futures jumped 1.6% on Monday, snapping a week long fall, following more evidence that China's economy is on the mend The most briskly traded rebar contract for May delivery on the Shanghai Futures ...
Tags: steel scrap price, stainless steel, buy steel pipe, iron ore price news
According to the World Bureau of Metal Statistics' most recent report, the market surplus for primary aluminum between January and September 2012 was 488,000 tonnes which follows a surplus of 1,871,000 tonnes recorded for the whole of 2011. ...
Tags: World Bureau of Metal Statistics, primary aluminum, most recent report
SMM reported that China's manufacturing PMI rose to a 7 month high in November. Risk appetite grew during the European session pushing commodity prices up. The US November manufacturing PMI declined more than expected, increasing ...
Tags: scrap metal price, iron ore price news, aluminum, steel scrap buyers
Reuters reported that Shanghai steel futures jumped 1.6 percent on Wednesday, tracking gains in equities, after China's next president said the state will fine tune policies to ensure stable economic growth next year, boosting the outlook ...
Tags: steel scrap price, buy steel pipe, steel tank, iron ore price news
Shanghai Metals Market reported that LME aluminum continued to drift higher last Friday buoyed by positive economic data in Europe and the US. LME aluminum briefly dipped to an intraday low of USD 2,057 per tonne after opening at USD 2,060 ...
Tags: scrap metal prices, iron ore price news, scrap copper, aluminum
It's reported that steel rebar futures at the Shanghai Futures Exchange (SHFE) posted the biggest weekly growth in more than two years on expectations of awakening Chinese economy will boost demand. Rebar for May delivery last Friday closed ...
Tags: steel rebar, weekly growth, daily production
Reuters reported that Shanghai steel futures climbed more than 1%on Monday to their highest since October,after fresh data boosted optimism that China's economic recovery was gaining traction,boding well for demand for both steel and its ...
Tags: steel futures, economic recovery, industrial output, iron ore
Bloomberg reported that steel reinforcement bar futures posted the biggest weekly climb in more than two years on expectations a strengthening Chinese economy will boost demand. Rebar for May delivery rose 1.7% to close at CNY 3,656 (USD ...
Tags: steel reinforcement bar, steel, urbanization projects, metric tonne
Reportedly, shanghai steel futures climbed 1.6% on Monday from a week long fall, showing a sign that world's No. 2 economy is on the mend. According to a survey of HSBC that manufacturing activity in China accelerated for the first ...
Tags: steel, world's No.2 economy, China's economy, rebar
Chinese rebar futures rebounded on Wednesday from their lowest in more than five weeks, supported by an Asian market rally and a rise in the country's steel exports for the first time in four months + SHFE Jan rebar up 0.5% at 4,790 yuan ...
Tags: steel