Tangshan Physical Market price today at 6pm Sydney time
- Billet 3120 down 20 yuan
- Scrap 2110 down 20 yuan
- Rebar 3730 same
- Local IO 850 same
Rest unchanged including PB62% IO at 680 yuan.
p.s. For future reference, price is released 1pm and 6pm Sydney time daily. Prices incl. strip, wire, profil, hot roll, cold roll, sheet and tube steel. Local and seaborne IO, scrap, ferroalloy and pig iron.
I thought physical prices on the weekend might be of interest for Monday tradings. And looks like steel price today not effected by SR future last night.
Last night futures went down after strong US employment report, which all but confirmed rate rise next week.
DYOR.
Frank.
FMG / IO Outlook and News, page-297
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