China AM: Pause in US-China trade war not stopping declining futures

December 04, 2018 / www.metalbulletin.com / Article Link

China's ferrous futures continued to experience a weak first half of the day, with contracts slumping across the board during morning trading on Monday December 3 despite news of a 90-day reprieve for trade tariffs between the country and the United States.

Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,327 yuan ($465) per tonne, down 99 yuan per tonneMay hot-rolled coil: 3,237 yuan per tonne, down 114 yuan per tonneDalian Commodity Exchange May iron ore: 467...

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