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Steet pulverised as China mulls flexible shutdowns

September 12, 2018 - 14:44 -- Admin

Via Reuters: Prices of steel and its raw materials fell sharply in China for a second session on Wednesday, hitting multi-week lows, as more investors liquidated positions with oversupply risks rising as Beijing mulls a flexible implementation of its output curbs. China is considering allowing its northern provinces to decide individual output cuts by heavy

The post Steet pulverised as China mulls flexible shutdowns appeared first on MacroBusiness.

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