China AM: Ferrous futures tumble after Trump heats up trade war

By Miranda Song / September 10, 2018 / www.metalbulletin.com / Article Link

China's ferrous futures dropped during morning trading on Monday September 10 following threats by the United States president for tariffs to be extended to more Chinese goods.

Futures closing prices - morning session Shanghai Futures Exchange January rebar: 4,262 yuan ($623) per tonne, down 12 yuan per tonneJanuary hot-rolled coil: 4,159 yuan per tonne, down 24 yuan per tonneDalian Commodity Exchange January iron ore: 497 yuan per tonne, down 6 yuan per tonneJanuary coking coal: 1,289 yuan per tonne, down 2.50 yuan per tonneJanuary coke: 2,394 yuan per tonne, down 18.50 yuan...

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