China AM: Ferrous futures maintaining strength

Ferrous futures continued to rise in China during morning trading on Thursday July 13, lending support to upstream and downstream physical markets across the steel value chain.

Futures closing prices – morning session Shanghai Futures Exchange October rebar: 3,605 yuan ($531.80) per tonne, up 17 yuan ($2.50) per tonne October hot rolled coil: 3,629 yuan ($535.30) per tonne, up 28 yuan ($4.10) per tonne Dalian Commodity Exchange September iron ore: 490 yuan ($72.30) per tonne, up 2.50 yuan ($0.40) per tonne September coking coal: 1,187...


Deepali Sharma

July 13, 2017

06:53 GMT