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Post by clinton on Apr 29, 2014 8:50:24 GMT -5
Apr 29, 2014 - 10:49 GMT China’s spot steel market was mostly steady on Tuesday April 29, though rebar prices in the northern region continued to rally amid a supply drop.
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Post by clinton on May 1, 2014 8:12:31 GMT -5
Apr 30, 2014 - 11:19 GMT China’s spot steel market saw prices for long products ending the short working week before the Labour Day holiday mixed while those for flats posted a small increase.
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Post by clinton on May 5, 2014 8:13:02 GMT -5
May 5, 2014 - 11:19 GMT China’s spot steel prices mostly weakened on Monday May 5 as participants returned to the market after the Labour Day holiday.
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Post by clinton on May 9, 2014 8:53:48 GMT -5
May 9, 2014 - 11:57 GMT China’s domestic steel prices largely fell over the past week on slack demand and an uncertain outlook, with just flats prices in the east higher than pre-holiday levels.
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Post by clinton on May 14, 2014 6:54:12 GMT -5
CHINA STEEL WRAP: Prices fall amid slow buying, pessimism May 14, 2014 - 10:31 GMT China’s spot steel prices mostly fell on Wednesday May 14 amid sluggish demand and weak sentiment.
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Post by clinton on May 15, 2014 6:07:55 GMT -5
May 15, 2014 - 10:38 GMT China’s spot rebar prices fell on Thursday May 15 amid weak market sentiment, while those for hot rolled coil remained flat as participants stayed on the sidelines in anticipation of stronger cues.
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Post by clinton on May 19, 2014 9:07:02 GMT -5
China’s domestic steel markets largely weakened on Monday May 19 as a poor futures performance put downward pressure on prices.
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Post by clinton on May 20, 2014 6:25:09 GMT -5
May 20, 2014 - 12:02 GMT China’s spot steel prices largely declined on Tuesday May 20 amid sluggish demand and a weak futures market
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Post by jacksrbtr on May 20, 2014 6:45:32 GMT -5
May 20, 2014 - 12:02 GMT China’s spot steel prices largely declined on Tuesday May 20 amid sluggish demand and a weak futures market Interesting that yesterday the US indicted Chinese military officers for cyber theft of industrial secrets one of which was for our steel industry or something.
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Post by clinton on May 21, 2014 7:14:27 GMT -5
May 21, 2014 - 10:54 GMT China’s spot steel prices largely stabilised on Wednesday May 21 amid a lull in the market.
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Post by clinton on May 22, 2014 6:21:22 GMT -5
China’s spot steel markets were mixed on Thursday May 22 as the outlook remained bearish in the face of a strong futures performance and encouraging economic data.
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Post by clinton on May 27, 2014 7:53:16 GMT -5
May 27, 2014 - 11:11 GMT Spot steel prices in eastern China rose further on Tuesday May 27 on a pick-up in buying on gains on the futures market
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Post by clinton on May 28, 2014 9:54:09 GMT -5
May 28, 2014 - 12:14 GMT China’s domestic steel prices were unchanged on Wednesday May 28 amid subdued trade.
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Post by clinton on May 30, 2014 10:14:51 GMT -5
May 30, 2014 - 09:59 GMT China’s domestic steel markets were mixed on Friday May 30, with flats and longs prices in the east edging downwards on thin buying, and negative news from the property market, while prices in the north were flat.
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Post by clinton on Jun 1, 2014 19:36:16 GMT -5
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Post by clinton on Jun 2, 2014 21:43:26 GMT -5
The Purchasing Managers’ Index increased to 50.8 in May, the National Bureau of Statistics and China Federation of Logistics and Purchasing said June 1, compared with the 50.7 median estimate of analysts surveyed by Bloomberg News. April’s reading was 50.4, with numbers above 50 indicating expansion.
A separate manufacturing PMI rose to 49.4 in May from 48.1 in April, the highest in four months, HSBC Holdings Plc and Markit Economics said today. The number was below the 49.7 median forecast in a Bloomberg survey.
The State Council, or cabinet, said May 30 it will cut the reserve-requirement ratio for lenders that have extended a certain amount of loans to rural borrowers and smaller companies. The People’s Bank of China will set up a re-lending facility for smaller companies and has set this year’s quota at 50 billion yuan ($8 billion), state television reported May 31.
SouFun Holdings Ltd., the country’s biggest real estate website owner, said the nation’s residential prices fell month-on-month in May for the first time since June 2012.
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Post by clinton on Jun 3, 2014 6:40:41 GMT -5
Jun 3, 2014 - 11:34 GMT China’s spot steel prices were mixed on Tuesday June 3 as market participants returned after the Dragon Boat Festival holiday on Monday.
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Post by clinton on Jun 4, 2014 6:25:13 GMT -5
Jun 4, 2014 - 12:11 GMT China’s spot steel prices were mixed on Wednesday June 4, with those for longs weakening further while the flats market posted slight gains.
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Post by clinton on Jun 4, 2014 6:26:43 GMT -5
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Post by clinton on Jun 4, 2014 7:02:33 GMT -5
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