China AM: Futures post mid-week rise

By July Zhang / January 10, 2018 / www.metalbulletin.com / Article Link

China's ferrous futures moved upward during morning trading on Wednesday January 10, after posting losses on Tuesday night.

Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,861 ($592) per tonne, up 51 yuan per tonne May hot-rolled coil: 3,901 yuan per tonne, up 53 yuan per tonne Dalian Commodity Exchange May iron ore: 560.50 yuan per tonne, up 5.50 yuan per tonne May coking coal: 1,370.50 yuan per tonne, up 5.50 yuan per tonne May coke: 2,047.50 yuan per tonne, up 17.50 yuan per tonne Raw materials North China's Hesteel is reportedly lowering its coke purchase price by 50 yuan per tonne. It is paying 2,420 yuan per tonne for materials with...

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