China's ferrous futures remained in positive territoryat lunchtime close on Tuesday January 9 despite being flat or slightly lower from their opening prices, after the Chinese government announcement of stricter rules on new steel capacity released had led to a spike in futures on Monday afternoon.
Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,821 ($588) per tonne, down 10 yuan per tonne May hot-rolled coil: 3,869 yuan per tonne, down 11 yuan per tonne Dalian Commodity Exchange May iron ore: 558 yuan per tonne, unchangedMay coking coal: 1,384.50 yuan per tonne, down 1 yuan per tonneMay coke: 2,080 yuan per tonne, unchanged Raw...