(Updates prices)
- https://hotcopper.com.au/resources/...-materials-on-reform-drive-demand-view.32324/
- Shanghai rebar, Dalian iron ore jump 7 pct to multi-year highs
- Coking coal, coke also rally
- China's anti-pollution drive limiting steel output
Chinese rebar steel futures surged nearly 7 percent on Wednesday to their highest since April 2014, spurring a rally in raw materials iron ore and coking coal, amid signs of a strengthening economy and worries over tighter supply.
Iron ore jumped more than 7 percent to its strongest in nearly three years, while coking coal and coke also rose sharply. The advance marked the fifth consecutive day of gains for both steel and iron ore.
This has multibagger written all over it, page-6
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