China AM: Ferrous futures post mid-week surge

November 15, 2018 / www.metalbulletin.com / Article Link

China's ferrous futures rose across the board during morning trading on Wednesday November 14, following the release of data showing higher-than-expected industrial output in October.

Futures closing prices - morning session Shanghai Futures Exchange January rebar: 3,926 yuan ($564) per tonne, up 57 yuan per tonneJanuary hot-rolled coil: 3,617 yuan per tonne, up 34 yuan per tonneDalian Commodity Exchange January iron ore: 511 yuan per tonne, up 3 yuan per tonneJanuary coking coal: 1,364 yuan per tonne, up 23 yuan per tonneJanuary coke: 2,351 yuan per tonne, up 46.50 yuan per tonne Raw materials The MB 62% Fe Iron Ore...

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