China AM: Ferrous futures remain subdued

By Gladdy Chu / March 08, 2018 / www.metalbulletin.com / Article Link

China's ferrous futures, especially those of finished steel, remained weak during morning trading on Thursday March 8.

Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,858 ($610) per tonne, down 27 yuan per tonne May hot-rolled coil: 3,940 yuan per tonne, down 21 yuan per tonne Dalian Commodity Exchange May iron ore: 512.50 yuan per tonne, down 0.50 yuan per tonneMay coking coal: 1,342.50 yuan per tonne, down 8 yuan per tonneMay coke: 2,140 yuan per tonne, down 5.50 yuan per tonneRaw materials The following was obtained from market sources:BHP, private tender, joint cargo, 110,000 tonnes...

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