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Steel Futures Surged to 5-Year High, Bullish Run Likely to Continue

Last updated on September 24, 2018

Steel rebar futures in China surged by 1.5 per cent on Monday to hit the highest since 2013, extending a rally since early July boosted by rising spot steel prices following recent step-up of restrictions over steel production and the government's pledge to increase infrastructure spending to prop up the economy.

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