Also interesting. New standards for rebar being imposed from Sept 25th doing some of the work for CISA, I think. Some rebound on Friday, but a week on week dip. Mill stocks of long steel on sale. They will have to run hard to produce stock to the new standards in Sept though. I expect IO prices to be up on that basis, next month.
https://www.hellenicshippingnews.com/iron-ore-recovers-on-china-inflation-data-but-set-for-weekly-loss/
Also interesting. New standards for rebar being imposed from...
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$17.50 |
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0.840(5.04%) |
Mkt cap ! $53.88B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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