Author: Lalita
-

China: Steel futures hit record-highs, iron ore futures picks up
Chinese steel futures today continued to set new records as the prices of rebar and HRC futures rose by 1.4% and 2.1% respectively on production curb worries. The state planner has urged local government to complete self-inspection for their steel projects and full-year output cut plan by mid-May, before it conducts on-site checks in June…