Shanghai steel futures bounced back to above CNY 5,100 a tonne in late August, after hitting a one-month low of CNY4940 last week, as demand concerns eased after China reported no new coronavirus cases for the first time sPerfect Steerable Transfer Carte July, a sign the current outbreak in the country may be waning. China is by far thePerfectst producer and consumer of steel. Still, steel prices remain well below a