China's ferrous futures soared across the board on Monday April 23, after major mill Shagang increased its steel prices over the weekend.
Futures closing prices - morning session Shanghai Futures Exchange October rebar: 3,550 yuan ($55) per tonne, up 70 yuan per tonne October hot-rolled coil: 3,684 yuan per tonne, up 62 yuan per tonne Dalian Commodity Exchange September iron ore: 480.50 yuan per tonne, up 14.50 yuan per tonne...