Ferrous futures in China were down during morning trading on Thursday May 3, with sentiment turning more cautious among market participants after a bullish start to the working week.
Futures closing prices - morning session Shanghai Futures Exchange October rebar: 3,688 yuan ($579) per tonne, down 25 yuan per tonne October hot-rolled coil: 3,770 yuan per tonne, down 16 yuan per tonne Dalian Commodity Exchange September iron ore: 475 yuan per tonne, down 2.50 yuan per tonne September coking coal: 1,207.50 yuan per tonne, down 1 yuan per tonne September coke: 1,986 yuan per tonne, down 9.50 yuan per tonne Raw materials Metal Bulletin's 62% Fe Iron Ore Index stood at $66.98 per tonne...