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China steel futures close higher

Steel futures closed higher Monday in daytime trading on the Shanghai Futures Exchange.

The most active construction steel rebar contract for May 2021 delivery was up 24 yuan (about 3.70 U.S. dollars) to close at 4,392 yuan a tonne.

The most active May 2021 contract for hot rolled coils, mainly used in cars and appliances, was up 7 yuan to close at 4,503 yuan a tonne.
Source: Xinhua

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