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    TOP SCRAP NEWS

    Spot rebar prices in Beijing went up RMB 70 a ton. The Chinese futures markets also surged in Friday’s session: the most active DCE iron ore futures contract jumped 4.41%, while SHFE rebar gained 4.36%.

    For the national security reasons, The US Department of Commerce launched an investigation into the impact of aluminum product imports, which was generally unfazed by China's aluminum industry.