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US longs market steady weakening trend
Source:Xinsteel   Date:2016-06-07

Performance similar to the coil market, US longs market remained stable weaker. After the holiday, the US rebar market being steady, but the market is expected to scrap and iron ore as prices fall in the coming weeks rebar prices may decline. Currently, the US Midwest thread ex-factory price quoted at USD560-585 / short ton; southeastern thread ex-factory price quoted at USD 555-570 / short ton, remained stable.

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