China's ferrous futures, particularly the steel contract, continued to fall during morning trading on Wednesday March 21, with physical prices coming under pressure in recent days.
Futures closing prices - morning sessionShanghai Futures Exchange May rebar: 3,626 yuan ($573) per tonne, down 50 yuan per tonne May hot-rolled coil: 3,738 yuan per tonne, down 101 yuan per tonne Dalian Commodity Exchange May iron ore: 460 yuan per tonne, down 5.50 yuan per tonne May coking coal: 1,297.50 yuan, down 9.50 yuan per tonne May coke: 1,958.50 yuan per tonne, down 13.50 yuan per tonne Raw materials Metal Bulletin's 62% Fe Iron Ore...