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Home / Metal News / Flash: Steel prices stable amid rangebound futures

Flash: Steel prices stable amid rangebound futures

Feb 6, 2018 11:53

Source:SMM

Rebar and wire rod transaction prices in China’s main markets were stable on the morning of Tuesday February 6, SMM learned.

SHANGHAI, Feb 6 (SMM) – Rebar and wire rod transaction prices in China’s main markets were stable on the morning of Tuesday February 6, SMM learned. Hot-rolled coil prices were 10-20 yuan/mt lower in Shanghai and Tianjin but steady in other markets.

Tangshan billet was also unchanged at 3,640 yuan/mt ex-works.

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rebar

wire rod

hot-rolled coil

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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