China's ferrous futures mostly edged up during morning trading on Thursday May 31 despite a drop in the latest steel purchasing managers' index (PMI).
Futures closing prices - morning session Shanghai Futures Exchange October rebar: 3,682 yuan ($573.30) per tonne, up 6 yuan per tonne October hot-rolled coil: 3,895 yuan per tonne, up 5 yuan per tonne Dalian Commodity Exchange September iron ore: 463 yuan per tonne, unchanged September coking coal: 1,237 yuan per tonne, up 3 yuan per tonne September coke: 2,087 yuan per tonne, up 5 yuan per tonne Raw materials A major cokery in north China's Hebei province was heard to be raising its selling price for coke by...