China AM: Iron ore futures buck downtrend

December 19, 2018 / www.metalbulletin.com / Article Link

China's iron ore futures bucked the downtrend seen across the rest of the ferrous futures market during morning trading on Tuesday December 18 amid relative stability in the physical prices for the steelmaking raw material in recent days.

Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,399 yuan ($493) per tonne, down 24 yuan per tonne May hot-rolled coil: 3,416 yuan per tonne, down 15 yuan per tonne Dalian Commodity Exchange...

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