Author: Lalita
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China: Steel futures fall on weak demand outlook
Steel futures on the Shanghai Futures Exchange (SHFE) fell by 2.6% on 14 Sept’21 as demand is expected to remain weak in the Chinese market amidst tighter steel production curbs. Closing prices: SHFE re-bar futures Jan’22 contract: RMB 5,492/t ($852) (-RMB 150) SHFE HRC futures Jan’22 contract: RMB 5,689/t ($883) (-RMB 116) DCE iron ore…