As of the close on May 19th, the profit of rebar steel plate in the steel mill was 162.52 yuan/ton, an increase of 35.9 yuan compared to the previous trading day. (The profit of rebar steel plate on the market = main rebar steel price – theoretical cost of rebar steel (2.4 main iron ore price + 0.68 main coke price + 250). When the profit is high, one can short rebar and long iron ore and coke; when the profit is low, one can long rebar and short iron ore and coke. This arbitrage model is for reference only and does not constitute investment advice.)
Steel mill rebar plate profit on the market is 162.52 yuan/ton
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