China futures - price jumps for steel rebar, iron ore (nearly +10%!) at the Monday open

Author: Eamonn Sheridan | Category: News

Surging price for steel rebar, iron ore, limit higher to open the week.

  • copper up more than 3.5% 
Goldman Sachs issued a note earlier further reinforcing their bullish commodity calls:
  • a "Goldilocks situation" is emerging
  • advises to stay long in copper, crude, natural gas, and aluminum.
  • see a 6.8% gain in commodities
  • and more in store



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