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Steel Rebar, Iron Ore Turn Higher After Trade Data -- Market Talk

8 Jun 2017 4:29 am

0429 GMT - China steel-rebar and iron-ore futures have reversed early losses following the company's solid trade data for May. Both metals have slumped in recent weeks amid growing pessimism about China's economy. Dalian iron-ore futures are up 1% at CNY435.5/ton and Shanghai steel rebar gains 1.6% to CNY3,189. (biman.mukherji@wsj.com)
 

(END) Dow Jones Newswires

June 08, 2017 00:29 ET (04:29 GMT)

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