Chinese ferrous futures were mostly softer again during morning trading on Monday May 28, with the exception of the coking coal contracts which moved up. Physical prices had softened on Friday amid declining futures despite gains in the steel market.
Futures closing prices - morning session Shanghai Futures Exchange October rebar: 3,590 yuan ($562) per tonne, down 8 yuan per tonneOctober hot-rolled coil: 3,788 yuan per tonne, down 21 yuan per tonne Dalian Commodity Exchange September iron ore: 455 yuan per tonne, down 1.50 yuan per tonne September coking...