China AM: Downtrend in steel futures persists for a second day

February 14, 2019 / www.metalbulletin.com / Article Link

China's steel futures fell during morning trading on Wednesday February 13, while those of steelmaking raw materials moved sideways.

Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,731 yuan ($550.30) per tonne, down 18 yuan per tonneMay hot-rolled coil: 3,636 yuan per tonne, down 11 yuan per tonneDalian Commodity Exchange May iron ore: 623 yuan per tonne, up 0.5 yuan per tonneMay coking coal: 1,275 yuan per tonne, down 1 yuan per tonneMay coke: 2,055 yuan per tonne, down 1 yuan per tonne Raw materials Fastmarkets' MB 62% Fe Iron Ore Index was at $87.65 per tonne...

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