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14 Aug
16:53

LME July scrap/rebar contract prices settle lower

The LME tells Kallanish that prices on both its scrap and rebar contracts lowered slightly month-on-month in July 2018. Contract volumes traded meanwhile also fell for both commodities on the same monthly comparison. LME Steel Scrap traded the equivalent of 291,610 tonnes last month “… showing a small decline compared to the average for the past 6 months,” the exchange says. LME rebar trades fell however to 13,620t, generating no com…
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