China Steel, Iron Fu­tures Fall Again

The Economic Times - - Finance & Commodities -

China steel and iron ore fu­tures re­treated fur­ther with in­vestors di­gest­ing last week’s un­ex­pected rise in short-term in­ter­est rates. The most ac­tive re­bar on the Shang­hai Fu­tures Ex­change closed the af­ter­noon ses­sion 2.9% lower at 3,082 yuan. Iron ore dropped 3.67% to 603 yuan.

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