China’s steel futures fell nearly 30% in a month, daily crude steel output in Oct hit new low since Dec 2017

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China's steel futures tumbled by nearly 30% in a month amid weakening demand and falling costs and industry insiders see more weakness in the rest of the year.

China's most-traded construction steel rebar futures contract on the Shanghai Futures Exchange close at 4,138 yuan per tonne on Monday, sliding by 29% from a high of 5,808 yuan per tonne set in mid-October. The most-traded futures contract of hot . . .

 

 

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