Steel
The price of deformed steel bar fell last Friday. 1089638 deals clinched, open interest increased 11160 to 762128. The Oct pact opened with 4905 Yuan/ton; closed with 4827 Yuan/ton, 87 Yuan fell. 1084022 deals clinched, 11486 open interest increased to 738936.

Yesterday, the central bank claimed to escalate 0.5% reserves against deposit since 21st, Apr, 2011. This is the fourth time that central bank escalate the reverse deposit, the frequency was kept once a month.

Related product: Stainless flat steel