Tag: ferrous futures
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China’s ferrous futures fall further on frail sentiment
The futures prices of core ferrous commodities in China including those of steel and iron ore fell further on August 18 as market sentiment weakened some more. China’s most-traded rebar contract on the Shanghai Futures Exchange (SHFE) for January 2022 delivery, for example, declined by another Yuan 198/tonne or 3.7% on from Tuesday’s settlement price…