Shanghai Rebar Falls Over 2 pct to New -Shanghai Metals Market

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Shanghai Rebar Falls Over 2 pct to New

Industry News 05:14:43PM Jul 23, 2012 Source:SMM

SHANGHAI, July 23 (Reuters) - China steel futures fell over 2 percent on Monday to hit a new a contract low, amid growing worries about tepid demand and rising stockpiles.

The most-traded January  Shanghai rebar futures hit a fresh contract low of 3,652 yuan ($570) a tonne, after falling 3.6 percent last week.
 

Key Words:  China   steel 

Shanghai Rebar Falls Over 2 pct to New

Industry News 05:14:43PM Jul 23, 2012 Source:SMM

SHANGHAI, July 23 (Reuters) - China steel futures fell over 2 percent on Monday to hit a new a contract low, amid growing worries about tepid demand and rising stockpiles.

The most-traded January  Shanghai rebar futures hit a fresh contract low of 3,652 yuan ($570) a tonne, after falling 3.6 percent last week.
 

Key Words:  China   steel