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Shanghai steel futures fell below 5 000 yuan a tonne in mid August the lowest since mid July on worries over more reductions in crude steel output after President Xi Jinping said China should avoid campaign style carbon reduction efforts China pledged to limit crude steel output in 2021 at no higher than the 1.065 billion tonnes it made last year but 563.33 million tonnes of metal was
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price for August 11th was up at 2 005 for the twenty fourth consecutive time The Western European HRB price was up on a Euro basis it was up €16 at 1 360 for the first time after going down twice The Chinese HRB price was down at 753 per tonne after increasing in the two prior reports The World Export HRB price was down at 970
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