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28 Nov
06:46

China strengthens rebar, iron ore futures trading limits

China's futures markets announced new trading rules for rebar futures from 28 November, which have put in place stricter and more direct regulations for speculators. The moves appeared to have little impact on the market on Monday, but they are a sign that restrictions are likely to be increased until the markets have been successfully calmed, Kallanish notes. On 28 November the Shanghai Futures Exchange (SHFE) announced it will limit some companie…
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