China's steel futures strengthened during morning trading on Tuesday July 31 following the release of monthly spot market inventory data showing a sustained decrease for Chinese rebar, while the raw materials contracts declined during the session.
Futures closing prices - morning sessionShanghai Futures Exchange October rebar: 4,171 yuan ($612) per tonne, up 35 yuan per tonneOctober hot-rolled coil: 4,212 yuan per tonne, up 27 yuan per tonne Dalian Commodity Exchange September iron ore: 488 yuan per tonne, down 1 yuan per tonne September coking coal: 1,201 yuan per tonne, down 7.50 yuan per tonneSeptember...