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Contact Us
 Address:F6 Dongsheng
   buliding, 138#,DongYue street Taian City,Shandong Province
Tel: +0086-538-6999022   
Fax: +0086-538-6997199

Email:export.hzy@haisteel.com
Email:steel@haisteel.com

Web:www.hblianlun.com.cn
SHFE rebar jumps $13/t as Tangshan reinforces curbs

 

Date:[6/25/2019]    Source:Shandong Hai Steel Co.,Ltd

 

SHFE rebar jumps $13/t as Tangshan reinforces curbs

The most-traded rebar contract on the Shanghai Futures Exchange, that for October delivery, jumped by Yuan 88/tonne ($13/t) from last Friday’s settlement price to end Monday’s day-time trading session at Yuan 3,904/t.
The marked increase in rebar futures was in response to Sunday’s news that the government of Tangshan city, China’s largest steel production hub in North China’s Hebei province, had decided to strengthen production restrictions on the sintering, blast furnace, converter and lime kiln operations of local steelmakers beginning June 23.
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Copyright:Shandong Hai Steel Co.,Ltd   Address:F6 Dongsheng buliding,138#,DongYue street Taian City Aodobi
Tel:+0086-538-6999022    Fax:+0086-538-6997199   Email:steel@haisteel.com

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