China AM: Futures pick up after Wednesday night losses

China’s ferrous futures gained some ground during morning trading on Thursday October 26, following losses on Wednesday night.

Futures closing prices – morning session
Shanghai Futures Exchange
January rebar: 3,682 yuan ($554), up 8 yuan
January hot rolled coil: 3,988 yuan, up 2 yuan
Dalian Commodity Exchange
January iron ore: 454 yuan, up 0.50 yuan
January coking coal: 1,103 yuan, up 4.50 yuan
January coke: 1,738 yuan, up 12.50 yuan
Raw materials

North China’s Hesteel has further lowered it purchase prices for metallurgical coke by 100-150 yuan per tonne. From Thursday onwards, it will pay 2,100 yuan per tonne for materials with...

Published

July Zhang

October 26, 2017

07:05 GMT

Shanghai