Tag: Spot lump premium stable w-o-w

  • Weekly: Falling futures weigh on Chinese steel prices

    Weekly: Falling futures weigh on Chinese steel prices

    Prices remained under pressure in the Chinese steel market with the weakening of sentiments amidst decline in the futures market. The initiation of a probe on coal prices by China’s National Development and Reform Commission (NDRC) also weighed on market sentiments. Moreover, the Russia-Ukraine wr weighed on overseas trades towards the end of the week.…