China AM: Steel futures rise, raw materials contracts subdued again

By Gladdy Chu / January 16, 2018 / www.metalbulletin.com / Article Link

China's steel futures rose during morning trading on Tuesday January 16 while the contracts for steelmaking raw materials were little changed from their opening price at the end of the session.

Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,824 ($594) per tonne, up 20 yuan per tonne May hot-rolled coil: 3,856 yuan per tonne, up 18 yuan per tonne Dalian Commodity Exchange May iron ore: 537.50 yuan per tonne, down 4 yuan per tonneMay coking coal: 1,317.50 yuan per tonne, down 9 yuan per tonneMay coke: 1,987 yuan per tonne, up 1 yuan per tonneRaw materials Rio Tinto shipped 330.1 million tonnes of iron ore on a 100% basis from its...

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