News Snapshot:
BEIJING: Chinese steel futures declined on Monday (Aug 16), with rebar leading the declines after falling to a more than 10-day low, as slower-than-expected growth in industrial output and cooling construction activities in the country weighed on prices. China's industrial production rose 6.4 per cent in July from the same month a year earlier, data from the National Bureau of Statistics showed, failing market expectation of 7.8 per cent growth and slowed from a jump of 8.3 per cent in June. The country's property investment also grew at a slower pace in January-July from the first half of the year,...
