China AM: Ferrous futures edge up after weak start

By Sophie Zhao / May 30, 2018 / www.metalbulletin.com / Article Link

China's ferrous futures started the day low on Wednesday May 30 but most contracts ended the morning session higher, with the exception of that for iron ore.

Futures closing prices - morning session Shanghai Futures Exchange October rebar: 3,644 yuan ($567.90) per tonne, up 19 yuan per tonne October hot-rolled coil: 3,868 yuan per tonne, up 23 yuan per tonne Dalian Commodity Exchange September iron ore: 459 yuan per tonne, down 1.50 yuan per tonne September coking coal: 1,207 yuan per tonne, up 6.50 yuan per tonne September coke: 2,046 yuan per tonne, up 6.50 yuan per tonne Raw materials Australian miner South32 has agreed to acquire a 50% stake and assume...

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