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08 Mar
10:27

LME steel contracts start 2017 with strong interest

The London Metal Exchange’s steel contracts have started the current year with strong trading interest, as they reached monthly record levels in January and continued relatively strong in February, Kallanish understands from the exchange. The rebar contract, settled against the physical value of Turkish rebar exports, reached two record levels in January and February, trading the equivalent of over 55,000 tonnes in January and some 45,000t in Feb…
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