Wow, what happened when I was away for lunch, there goes my future "bounce" theory today, not sure how people trade there, a lot of luck I think.
But Steel physical market were much stronger today, Tangshan Billet up 10 yuan to 3820 yuan early due to stronger demand. Other steel products also up 10-30 yuan and volume has been quite good, most traders surveyed expect Tangshan Billet to increase by 20 yuan this afternoon.
Futures have been very erratic lately, not following physical markets.
DYOR.
Frank
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