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   According to Xinhua news agency, Shanghai, January - 15 Spring Festival holiday is approaching, the domestic spot price of steel, although a slight rebound, but the demand is limited, is gradually entering the holiday before the appearance of the value of the city without the state. Imported iron prices continued to rise, once again exceeded the price of $80 ton mark. According to statistics, in 2016 China's total imports of iron in the history of the first breakthrough 1 billion tons.
Last week, the domestic spot steel composite index closed at 128.32 points, up by a week of  9.4%. In the production capacity of the policy effect, the steel futures market took the lead in strong, driven spot steel prices rose, the market turnover has improved.