China AM: Futures drop amid physical weakness

By July Zhang / July 03, 2018 / www.metalbulletin.com / Article Link

China's ferrous futures retreated across the board during morning trading on Tuesday July 3, especially the steel contracts, amid weakness in the physical markets.

Futures closing prices - morning session Shanghai Futures Exchange October rebar: 3,723 yuan ($562) per tonne, down 46 yuan per tonne October hot-rolled coil: 3,835 yuan per tonne, down 37 yuan per tonne Dalian Commodity Exchange September iron ore: 463 yuan per tonne, down 2 yuan per tonne September coking coal: 1,159 yuan per...

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