China AM: Futures experience mid-week surge

By July Zhang / July 04, 2018 / www.metalbulletin.com / Article Link

China's ferrous futures picked up across the board during morning trading on Wednesday July 4.

Futures closing prices - morning session Shanghai Futures Exchange October rebar: 3,812 yuan ($572) per tonne, up 47 yuan per tonne October hot-rolled coil: 3,917 yuan per tonne, up 51 yuan per tonne Dalian Commodity Exchange September iron ore: 464.50 yuan per tonne, up 3.50 yuan per tonne September coking coal: 1,171 yuan per tonne, up 14 yuan per tonne September coke: 2,059 yuan per tonne, up 33 yuan per tonne Raw materials Metal Bulletin's 62% Fe Iron Ore Index was at $64.55 per tonne on Tuesday, up $0.01 per tonne from Monday. Its fob Australia premium hard coking coal index rose $0.55 per tonne to $195.11 per...

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