Category Archives: Trading Donkey Blog

Rebar Declines Toward Five-Week Low as China’s Growth May Slow

Steel reinforcement-bar futures dropped toward the lowest level in five weeks on concern that China’s second cash crunch this year will slow the pace of economic growth, reducing demand for the construction material. The People’s Bank of China saw the seven-day interbank repurchase rate rise for a seventh straight session On Dec. 23 even after it...
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