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China steel mills reel as product prices tumble faster than iron ore prices | Hellenic Shipping News Worldwide

By comparison, while iron ore futures DCIOcv1 have fallen 17% since May 12, they are still up 1.6% for the month. Gross profit margin for steel rebar in east China, which broke above 1,000 yuan ($157) per tonne in April, was just 40 yuan a tonne last week, according to CITIC Securities. Zhuo Guiqiu, an .

Daily iron ore price update (PMI sag) - MacroBusiness

Daily iron ore price update (PMI sag) - MacroBusiness
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