China AM: Ferrous futures reverse early-week downtrend

November 29, 2018 / www.metalbulletin.com / Article Link

China's ferrous futures rose across the board during morning trading on Wednesday November 28, reversing the trend seen in the first two days of this week.

Futures closing prices - morning session Shanghai Futures Exchange January rebar: 3,622 yuan ($521) per tonne, up 43 yuan per tonneJanuary hot-rolled coil: 3,444 yuan per tonne, up 37 yuan per tonneDalian Commodity Exchange January iron ore: 472 yuan per tonne, up 3 yuan per tonneJanuary coking coal: 1,326 yuan per tonne, up 11 yuan per tonneJanuary coke:...

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