China AM: Futures retreat after Tuesday night gains

By July Zhang / April 11, 2018 / www.metalbulletin.com / Article Link

China's ferrous futures trended down across the board during morning trading on Wednesday April 11 after posting gains during Tuesday night's session.

Futures closing prices - morning session Shanghai Futures Exchange October rebar: 3,392 ($5) per tonne, down 63 yuan per tonne October hot-rolled coil: 3,474 yuan per tonne, down 69 yuan per tonne Dalian Commodity Exchange September iron ore: 452.50 yuan per tonne, down 6.50 yuan per tonne September coking coal: 1,152 yuan per tonne, down 34 yuan per tonne September coke: 1,753 yuan per tonne, down 63 yuan per tonne Raw materials The following was obtained from market sources:Rio Tinto, tender, 190,000 tonnes of 61% Fe Pilbara Blend fines, sold at...

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