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18 Jun
11:22

LME May rebar contract volumes see steep fall

The LME tells Kallanish that prices on its scrap contract lowered slightly month-on-month in May 2018 while those for rebar increased. Contract volumes traded meanwhile were slightly higher for scrap but fell sharply for rebar on the same monthly comparison. LME Steel Scrap traded the equivalent of 361,340 tonnes last month, around 9,000t more than in April and “… in line with the average for the past 6 months,” the exchange says. LM…
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