China's ferrous futures were largely steady during morning trading on Thursday November 22, with both steel and steelmaking raw materials contracts ending the session little changed from their opening prices.
Futures closing prices - morning session Shanghai Futures Exchange January rebar: 3,718 yuan ($536) per tonne, down 2 yuan per tonneJanuary hot-rolled coil: 3,612 yuan per tonne, unchangedDalian Commodity Exchange January iron ore: 523 yuan per tonne, up 0.50 yuan per tonneJanuary coking coal: 1,361 yuan per tonne, down 7.50 yuan per tonneJanuary coke: 2,272 yuan per tonne, down 3.50 yuan per tonne Raw materials China's biggest ferrous scrap consumer Shagang lowered its purchase prices for the steelmaking raw material by 60 yuan per tonne on Thursday, after making...