China's ferrous futures ended below their opening during morning trading on Monday January 22 after a major mill lowered the prices for its long steel products amid a subdued steel market.
Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,922 ($613) per tonne, down 21 yuan per tonne May hot-rolled coil: 3,885 yuan per tonne, down 27 yuan per tonne Dalian Commodity Exchange May iron ore: 539 yuan per tonne, down 4 yuan per tonne...