China AM: Ferrous futures pick up more strength

By Deepali Sharma / June 07, 2018 / www.metalbulletin.com / Article Link

China's ferrous futures posted some gains during morning trading on Thursday June 7, with environmental inspections in the country leading to an improved outlook for the steel and steelmaking raw materials markets.

Futures closing prices - morning session Shanghai Futures Exchange October rebar: 3,844 yuan ($601) per tonne, up 36 yuan per tonne October hot-rolled coil: 3,979 yuan per tonne, up 33 yuan per tonne Dalian Commodity Exchange September iron ore: 475 yuan per tonne, up 1.50 yuan per tonne September coking coal: 1,260.50...

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