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FLASH: China's ferrous futures all surge on Thursday

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The most-traded rebar contract on Shanghai Futures Exchange for October distribution raised by Yuan 173/t ($ 25.7/ t) or 4.5% from the negotiation price of Wednesday to shut at Yuan 4,058/ tonne when the daytime trading session ended on Thursday. On the other hand, the most-traded iron ore contract for September distribution on the Dalian Asset Exchange


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