BEIJING (Reuters) – Steel futures traded in China advanced on Friday, with stainless steel following gains in rebar and hot-rolled coils and jumping more than 6% as production restrictions during the period peak demand raises concerns about global supply.
Apparent demand for five major steel products, including materials used in construction and manufacturing, increased for the third week in a row, reaching 10.41m tonnes, according to data from consultancy Mysteel compiled through Thursday.
Read Also
- They Investigate The Disappearance Of Four Young People In Puerto Vallarta, Jalisco May 29, 2021
- Over 50 police injured, 250 detained in Berlin May Day riots May 2, 2021
- GP Austria 2021 – Warm Up Results | FormulaPassion.it Aug 15, 2021
- Tatiana Flores, the Mexican forward who decided to play for the England team and made her debut with a goal Oct 30, 2020
- World Cup 2022: 2.95 million tickets sold, Fifa hopes for 7.2 billion euros in revenue Nov 20, 2022
- Emma Stone Discusses ‘Spider-Man No Way Home’ Rumors May 30, 2021
- Trailer and date of Sheltered 2, strategy and survival in a post apocalyptic world (PC) Aug 14, 2021