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Steel Drops to 3-Week Low

people_culture UTC: 2026-09-11 10:00:35

Steel rebar futures slipped toward CNY 3,060 per ton, reaching a three-week low as worsening profitability across China’s steel sector weighed on sentiment. Industry data showed that only around 8% of Chinese mills were profitable, down from roughly 30% a week earlier and 60% ...

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