China AM: Ferrous futures rangebound amid holiday mood

December 27, 2018 / www.metalbulletin.com / Article Link

China's ferrous futures stayed rangebound in morning trading on Wednesday December 26 amid a lingering holiday atmosphere.

Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,407 yuan ($494) per tonne, up 5 yuan per tonne May hot rolled coil: 3,366 yuan per tonne, unchanged Dalian Commodity Exchange May iron ore: 490 yuan per tonne, up 1 yuan per tonne May coking coal: 1,171.50 yuan per tonne, down 2.50 yuan per tonne May coke: 1,893 yuan per tonne, down 1.50 yuan per tonne Raw materials The following was obtained from market sources:Vale, tender, 207,088 tonnes of...

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