China AM: Steel futures surge on fire at Bengang BF

China’s steel futures moved up sharply in the morning trading session on Friday September 1 following a fire at Benxi Iron & Steel (Bengang)'s No 1 blast furnace.

Futures closing prices – morning session
Shanghai Futures Exchange
January rebar: 4,023 yuan ($610) per tonne, up 96 yuan per tonne
January hot rolled coil: 4,204 yuan per tonne, up 138 yuan per tonne
Dalian Commodity Exchange
January iron ore: 580.50 yuan per tonne, up 6.50 yuan per tonne
January coking coal: 1,440 yuan per tonne, down 2 yuan per tonne
Raw materials

Metal Bulletin’s 62% Fe Iron Ore Index stood at $78.91 per tonne cfr China on Thursday August 31, up $2.83...

Published

Jessica Zong

September 01, 2017

05:58 GMT

Shanghai

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