China AM: Ferrous futures rise as Tangshan reinstates steel production caps

By Deepali Sharma / September 06, 2018 / www.metalbulletin.com / Article Link

China's ferrous futures rose during morning trading on Thursday September 6, following the confirmation of steel production restrictions in Tangshan for this month, which had been issued earlier this week only to be withdrawn shortly after.

Futures closing prices - morning sessionShanghai Futures ExchangeJanuary rebar: 4,137 yuan ($605) per tonne, up 39 yuan per tonneJanuary hot-rolled coil: 4,135 yuan per tonne, up 35 yuan per tonne Dalian Commodity ExchangeJanuary iron ore: 495 yuan per tonne, up 1 yuan per tonneJanuary coking coal: 1,272.50 yuan per tonne, up 24 yuan per tonneJanuary coke: 2,408 yuan per tonne, up 23 yuan per tonneRaw materialsMetal Bulletin's 62%...

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