China AM: Ferrous futures tumble after release of latest Chinese stats

China's ferrous futures dropped across the board during morning trading on Tuesday August 8 following the release of data showing a big drop in Chinese steel exports last month.

Futures closing prices – morning session
Shanghai Futures Exchange
January rebar: 4,031 yuan ($600), down 74 yuan ($11)
October hot rolled coil: 3.979 yuan ($592), down 99 yuan ($14.70)
Dalian Commodity Exchange
January iron ore: 548 yuan ($82), down 25 yuan ($3.70)
January coking coal: 1,282.50 yuan ($191), down 14 yuan ($2.10)
Raw materials

Vale is offering 101,303 wet tonnes of 61.43% Fe Lump Ore Blast Furnace Guaiba, with a...


Sophie Zhao

August 08, 2017

08:04 GMT