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Chinese steel rebounds as output curbs deepen, iron ore dips
Published Mon, Dec 11, 2017 · 09:50 PM
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Shanghai/Manila
CHINESE steel futures bounced back on Monday after a three-day drop as output cuts in the world's top producer deepened in line with China's anti-pollution campaign, tightening supply.
The most-active rebar on the Shanghai Futures Exchange jumped 1.6 per cent to close at 3,912 yuan (S$799) a tonne.
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