China's ferrous futures moved up during morning trading on Wednesday December 5, with the hot-rolled coil contract taking the lead in the uptrend.
Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,407 yuan ($498) per tonne, up 27 yuan per tonneMay hot-rolled coil: 3,329 yuan per tonne, up 32 yuan per tonneDalian Commodity Exchange May iron ore: 472.50 yuan per tonne, up 4 yuan per tonneJanuary coking coal: 1,413.50 yuan per tonne, up 10 yuan per tonneMay coke: 1,979.50 yuan per tonne, up 18.50 yuan per tonneRaw materials China's domestic coking coal market maintained its strength in November despite a rapid price decline for coke...