Ferrous futures in China largely declined during morning trading on Wednesday September 12, with the exception of the iron ore contract, following speculation a day earlier - and subsequent denials - of the easing of production restrictions on steelmakers during winter.
Futures closing prices - morning session Shanghai Futures Exchange January rebar: 4,039 yuan ($588) per tonne, down 60 yuan per tonneJanuary hot-rolled coil: 3,961 yuan per tonne, down 32 yuan per tonneDalian Commodity Exchange January iron ore: 490.50 yuan per tonne, up 3 yuan per tonneJanuary coking coal: 1,246 yuan per tonne, down 15.50 yuan per tonneJanuary coke: 2,238.50 yuan per tonne, down 40 yuan per tonne Raw materials Metal Bulletin's 62% Fe Iron Ore Index was at $67.67 per tonne cfr Qingdao on Tuesday, down $0.14 per tonne from Monday.Its...