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China steel rises as market eyes winter cuts; iron-ore, coal slide

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STEEL
Shanghai steel rebar futures jumped nearly 3% on Monday as Chinese markets reopened after a week-long holiday, with investors anticipating production cuts in the world’s top steel producer as the country fights smog. Prices of steelmaking raw materials iron-ore and coking coal fell, reflecting worries over weaker demand.
 
 
 
 
 

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