BEIJING, April 12 (Reuters): Chinese steel futures slumped on Monday, falling around 3% amid concerns of regulatory disruptions after Premier Li Keqiang pledged to strengthen control of raw materials, though demand for industrial metals remains robust.
"Overall economy and operation of enterprises have continued to recover, but surging international commodity prices have brought great pressure on companies' costs," official Xinhua news agency cited a symposium chaired by Li last week. (https://bit.ly/2PV89K7)
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