Macro Optimism Boosts Minor Rebar Spot Price Rise, Trading Activity Picks Up

Published: Oct 12, 2024 17:43

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[SMM Daily Review of Rebar: Strong Macro Expectations Drive Minor Increase in Spot Prices] The market showed strong expectations for favorable policies to be released at the important meeting during yesterday's evening session, leading to a slight rise in prices. In terms of spot prices, the morning market quotes across regions rose slightly with stability, and trading activity increased during the session, with a slight increase in overall transactions for the day...

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