China AM: Futures rebound after brief fall

October 26, 2018 / www.metalbulletin.com / Article Link

China's ferrous futures tanked in the early hours of morning trading on Thursday October 25 but regained some strength before the end of the session.

Futures closing prices - morning session Shanghai Futures Exchange January rebar: 4,207 yuan ($606) per tonne, up 42 yuan per tonneJanuary hot rolled coil: 3,940 yuan per tonne, up 27 yuan per tonneDalian Commodity Exchange January iron ore: 532.50 yuan per tonne, up 1 yuan per tonne January coking coal: 1,389.50 yuan per tonne, up 2 yuan per tonneJanuary coke: 2,441.50 yuan per tonne, up 7.50 yuan per tonne Raw materials North China's Hesteel raised its metallurgical coke purchase prices by 100 yuan per tonne on Wednesday, after two...

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