Shanghai 28 January 2011
+ SHFE May rebar down 0.3% w-o-w at 4,936 yuan ($751)
+ SSEC April HRC up 0.9% w-o-w at 4,883 yuan ($743)
+ Spot iron ore unchanged at $188-191 cfr Shanghai rebar ended the week lower despite hitting record highs on Monday and Tuesday, as profit taking and property curbs erased earlier gains. The dominant May rebar contract closed at 4,936 yuan per tonne on Friday, up a slight 6 yuan from Thursday but down 0.3%. For information visit www.metalbulletin.com
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