China AM: Steel futures remain subdued with output restrictions coming to an end

By Deepali Sharma / March 22, 2018 / www.metalbulletin.com / Article Link

China's ferrous futures remained subdued during morning trading on Thursday March 22, with the easing of production restrictions in the country's northern region expected to weigh on physical prices in the coming weeks.

Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,622 yuan ($572) per tonne, down 12 yuan per tonne May hot-rolled coil: 3,742 yuan per tonne, down 1 yuan per tonne Dalian Commodity Exchange May iron ore: 470 yuan per tonne, up 1 yuan per tonne May coking coal: 1,293.50 yuan per tonne, unchanged May coke: 1,969.50 yuan per tonne, down 0.50 yuan per tonne...

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