China AM: Ferrous futures up as sentiment recovers in new year

By Paul Lim / January 02, 2018 / www.metalbulletin.com / Article Link

China's ferrous futures rose during morning trading on Tuesday January 2 as sentiment improved in the new year, leading to the recovery of trading appetite.

Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,871 yuan ($594) per tonne, up 70 yuan per tonne May hot-rolled coil: 3,920 yuan per tonne, up 69 yuan per tonneDalian Commodity Exchange May iron ore: 543.50 yuan per tonne, up 11.50 yuan per tonne May coking coal: 1,329 yuan per tonne, up 10.50 yuan per tonne May coke: 2,010 yuan per tonne, up 36.50 yuan per tonne Raw materials China's...

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