China AM: Ferrous futures mostly down on weaker sentiment

By Paul Lim / June 27, 2018 / www.metalbulletin.com / Article Link

China's ferrous futures largely trended downward during morning trading on Wednesday June 27 on weaker sentiment, dampening trading activity in the spot market. Uncertainty over China's monetary policy adjustments and a brewing global trade war were among the factors weighing on sentiment.

Futures closing prices - morning session Shanghai Futures Exchange October rebar: 3,699 yuan ($563) per tonne, down 6 yuan per tonne October hot-rolled coil: 3,857 yuan per tonne, up 19 yuan per tonne Dalian Commodity Exchange September iron ore: 464.50 yuan per tonne, up 1.50 yuan per tonne September coking coal: 1,186 yuan per tonne,...

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