China steel futures hit six-month high on environmental inspections

FILE PHOTO: A labourer marks steel bars at a steel and iron factory in Huai'an, Jiangsu province, February 18, 2008. REUTERS/Patty Chen/File Photo

BEIJING (Reuters) – Chinese construction steel rebar futures rose to their highest in six months on Thursday, supported by environmental inspections across the country that helped to ease concerns about a glut and boosted market sentiment. Teams of inspectors have been sent to six regions, including the steelmaking hubs of Hebei and Jiangsu provinces, to […]

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