Press "Enter" to skip to content

Steel Futures Surged to 5-Year High, Bullish Run Likely to Continue

Steel rebar futures in China surged by 1.5 per cent on Monday to hit the highest since 2013, extending a rally since early July boosted by rising spot steel prices following recent step-up of restrictions over steel production and the government's pledge to increase infrastructure spending to prop up the economy.

To continue reading, please subscribe.

FREE TRIAL

We highly value independence. Yuan Talks is solely funded by subscriptions from thousands of intelligent readers like you. 

What you'll get:

  • Systematic, timely and data-driven reporting on China's economy and financial markets with details, data and perspectives you don't read elsewhere!
  • Daily Brief newsletter delivered before market open every weekday wrapping up the most important China-related stories.
  • Weekly Market Wrap-up on A shares, Chinese bonds, the Yuan and commodities!
  • Interviews with China experts. We find you insights you should never miss!
  • Conference calls and events. Nothing is better than talking to newsmakers, experts and reporters directly, right?

 

Already have an account? Sign In

 

Top