Chinese steel rebar futures for October delivery at Shanghai Futures Exchange (SHFE) dropped to its lowest by 2.1% to RMB 3,496/ton, a 9 month low on Monday since September 7th last year as China, the world's biggest steel consumer's ...
Tags: SHFE, steel, Construction&Decoration
The monthly average price for Asian butadiene plunged 13% to $1,738/mt FOB Korea in March against $2,007.50/mt in February over a lack of Chinese demand and oversupply, Platts data showed. The last time the monthly average was higher was ...
Tags: Butadiene, Average Price, Chemicals
Bloomberg reported that steel reinforcement bar futures dropped for the first time in three days on concern that China will maintain curbs on real estate investment next year,limiting housing construction. Rebar for delivery in May lost ...
Tags: shfe steel rebar futures, China
Reuters reported that Shanghai steel futures extended last week's rally and rose nearly 2% on Monday, buoyed by upbeat Chinese manufacturing data and higher raw material prices. The most active rebar futures contract on the Shanghai ...
Tags: Shanghai steel futures, China, steel market, Chinese manufacturing data
Bloomberg reported that copper gained after workers at BHP Billiton Ltd's Escondida mine in Chile turned down a wage proposal, threatening a stoppage at the largest copper mine. Metal for delivery in March climbed as much as 0.9% to ...
Tags: BHP Billiton Ltd, copper, futures
Bloomberg reported that steel reinforcement bar futures climbed to a five month high, heading for the best quarterly performance in two years, on optimism that a recovery in the real estate market in China, the biggest user may boost ...
Tags: steel reinforcement bar, real estate market, China, steel
Reuters reported that London copper firmed after data showed China's manufacturers built on a recovery this month, driving a fifth straight week of gains but a lack of resolution to the US fiscal cliff kept a lid on prices. Growth in ...
Tags: London, copper, China, manufacturers
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 London copper slipped bruised by the struggles of US lawmakers to find a fix to a looming fiscal cliff and on a rebound in the dollar after it tumbled following the Federal Reserve's extension of loose monetary policy. ...
Tags: copper, metals, Metal Exchange, metals demand
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
Steel reinforcement bar advanced to the highest level in almost five months after the ruling Chinese Communist Party signaled it will boost urbanization to underpin economic growth in the world's largest user. Rebar for delivery in May ...
Tags: Steel, reinforcement bar, highest level, urbanization, rose
Reuters reports that London copper was steady near 2 month highs as signs of a revival in China's economic growth and hopes of further easing by the United States underpinned prices while wrangling over the US fiscal cliff weighed on ...
Tags: London copper, economic growth, US, China
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
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, although demand for raw material iron ore is likely to stay subdued along with ...
Tags: steel bar, steel scrap price, stainless steel, steel pipe
Reuters reported that London and Shanghai copper prices hit their highest in nearly 7 weeks cheered by news that China is seeking more effective policies to ensure stable economic growth. Concerns about the budget talks in Washington were ...
Tags: copper market, scrap metal price, copper scrap, copper price