China's ferrous futures trended upward during morning trading on Tuesday October 16, recovering from a drop during the Monday night session.
Futures closing prices - morning session Shanghai Futures Exchange January rebar: 4,157 yuan ($601) per tonne, up 31 yuan per tonneJanuary hot rolled coil: 3,975 yuan per tonne, up 49 yuan per tonneDalian Commodity Exchange January iron ore: 510.50 yuan per tonne, up 2.50 yuan per tonneJanuary coking coal: 1,376 yuan per tonne, up 10 yuan per tonneJanuary coke: 2,495 yuan per tonne, up 31 yuan per tonneRaw materials Rio Tinto shipped 81.9 million tonnes of iron ore on a...