China AM: Ferrous futures fall on first day of work after Chinese New Year

By Paul Lim / February 22, 2018 / www.metalbulletin.com / Article Link

China's ferrous futures tumbled during the morning trading session on Thursday February 22 with sentiment cooling continually in the opening hours after the country returned to work after a weeklong Lunar New Year holiday.

Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,860 yuan ($608) per tonne, down 78 yuan per tonne May hot-rolled coil: 3,924 yuan per tonne, down 74 yuan per tonne Dalian Commodity Exchange May iron ore: 535.50 yuan per tonne, down 7...

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