***CHINA STEEL WRAP: Rebar up on weaker dollar, profit taking

Shanghai 08 February 2010 09:25

+ SHFE rebar up 0.49 % to 4,129 yuan ($604) + SSEC HRC up 0.46 % to 3,887 yuan ($569) + Spot HRC price up 20 yuan to 3750-3770 yuan Chinese steel futures saw a small rebound today on a downward correction in the US dollar. Benchmark May rebar on the Shanghai Futures Exchange (SHFE) ended 20 yuan per tonne or 0.49% higher than last Friday, while April hot rolled coil on Shanghai...


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