steel prices continue to soar

Steel prices remain in an upward trend as the effects of the enviromental restrictions put in place by the Chinese government start to take affect !!!!!!

Early days one would think and maybe much more to come  !!!!!!

And, as seen in the scoreboard from Wednesday’s night session, futures continued to surge in overnight trade.
SHFE Rebar ¥3,989 , 2.31%
DCE Iron Ore ¥515.50 , 1.98%
DCE Coking Coal ¥1,381.50 , 3.60%
DCE Coke ¥2,126.00 , 2.36%
The strength in futures points to the likelihood that spot markets will follow suit on Thursday

Read more at https://www.*.com.au/iron-ore-price-china-steel-production-cuts-2017-11#MuW7vkVZOOOel0XG.99