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China steel futures close higher

Xinhua | Updated: 2020-07-08 16:17
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Employees work on the production line of Baoshan Iron and Steel Co Ltd in Shanghai. [Photo/Xinhua]

SHANGHAI - Steel futures closed higher Wednesday in daytime trading on the Shanghai Futures Exchange.

The most active construction steel rebar contract for October 2020 delivery was up 66 yuan ($9.4) to close at 3,702 yuan a ton.

The most active October 2020 contract for hot rolled coils, mainly used in cars and appliances, was up 68 yuan to close at 3,696 yuan a ton.

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