Monday 12 November 2018
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todayonline - 29 days ago

Shanghai steel hits over three-week high amid China s smog fight

MANILA - Shanghai rebar steel futures climbed to their highest level in more than three weeks on Monday, buoyed by expectations that China s sustained anti-pollution campaign could further disrupt production. China s smog-prone Hebei province on Thursday began its environmental inspections of industrial plants, with authorities saying they will focus on large and medium-sized companies. Hebei s top steelmaking city of Tangshan on the same day ordered its mills to halve output for

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