China's steel futures rose during morning trading on Monday January 15 while the steelmaking raw materials contracts were little changed from their opening price at the end of the session.
Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,787 ($586) per tonne, up 24 yuan per tonne May hot-rolled coil: 3,829 yuan per tonne, up 23 yuan per tonne Dalian Commodity Exchange May iron ore: 536.50 yuan per tonne, up 4.50 yuan per tonneMay coking coal: 1,326.50 yuan per tonne, down 3 yuan per tonneMay coke: 1,978 yuan per tonne, down 2.50 yuan per tonneRaw materials Western Australia's Pilbara Ports Authority (PPA) said late on Saturday that it had reopened the Port of Port Hedland at 1.30pm local time on the same day after Tropical Cyclone Joyce weakened to a tropical low. It is expected to further weaken.The closure of the port, which is the largest...