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The last time Shanghai rebar traded this low iron ore was at $87

Frik Els | June 06, 2013 | 11:10 pm Asia China Europe Iron Ore 

On Thursday Shanghai rebar, the most actively traded steel futures contract worldwide, dropped close to its 2013 low of 3,422 yuan ($558). The contract is down more than 16% year to date and within shouting distance of the all-time record...

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