CHINA STEEL WRAP: Spot prices mixed on uncertain outlook

Jun 12, 2012 | 05:53 AM |

Chinese spot steel prices were mixed on Tuesday June 12 with market participants unable to reach a consensus on the market outlook. In Beijing, rebar prices softened to 4,050-4,110 yuan ($640-649) per tonne, down 30 yuan from Monday, while in Shanghai, the same product stayed flat at 3,840-4,050 yuan per tonne. “Traders prefer not to lower spot....

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