China AM: Ferrous futures rangebound amid release of suspension order

By Sophie Zhao / March 15, 2018 / www.metalbulletin.com / Article Link

China's ferrous futures ended the morning trading session little changed from their opening prices on Thursday March 15 amid an announcement that steelmakers in some parts of the country are to stop all blast furnace operations until the end of this month.

Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,748 yuan ($593.20) per tonne, up 8 yuan per tonne May hot-rolled coil: 3,858 yuan per tonne, up 8 yuan per tonne Dalian Commodity Exchange May iron ore: 490.50 yuan per tonne, up 3 yuan per tonne May coking coal: 1,283 yuan per tonne, unchanged May coke: 1,988 yuan per tonne, down 4.50 yuan per tonne Raw materials Metal Bulletin's 62% Fe Iron Ore Index stood at...

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