A weaker yuan added to the gloomy mood, with Shanghai rebar futures hitting their lowest in more than six months. The steelmaking ingredient’s most-active June contract on the Singapore Exchange tumbled as much as 4.7% to $95.25 a tonne, its weakest since May 5. The most-traded September iron ore on China’s Dalian Commodity Exchange ended daytime trading 4.6% lower at 682.50 yuan ($98.74) a tonne, also touching its lowest since May 5 at 682 yuan.
Benchmark October rebar on the Shanghai Futures Exchange slumped as much as 3.6% to 3,462 yuan a tonne, its weakest since Nov. 3.
Alcoa’s San Ciprián smelter streamlines operations, stakeholders unveil strategic roadmap
Viva unveils SOLID X: India's first ready-to-install solid aluminium panels at BAU Expo
December aluminium extrusion exports fell over 40% M-o-M, likely to remain weak in the short term
