China's steel futures pricing mixed amid unexpected weakness

Mar 05, 2010 | 12:32 PM |

Chinese steel futures were mixed amid unexpectedly weak demand in China, a situation exacerbated by high inventories.

Positive comments on economic policy by Chinese premier Wen Jiabo on Friday helped lift some steel futures. "Wen said that China would continue with its relaxed monetary policy, which helped futures rise," a Beijing-based analyst....

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