China AM: Ferrous futures surge but end session lower

China’s ferrous futures surged after opening morning trading on Monday December 4 but shed those gains to end the session lower.

Futures closing prices – morning session Shanghai Futures Exchange May rebar: 4,052 ($612) per tonne, down 13 yuan per tonne May hot-rolled coil: 4,060 yuan per tonne, down 5 yuan per tonne Dalian Commodity Exchange May iron ore: 546 yuan per tonne, down 6.50 yuan per tonne May coking coal: 1,388.50 yuan per tonne, down 38.50 yuan per tonne May coke: 2,188.50 yuan per tonne, down 51 yuan per tonne Raw materials Rio Tinto aims to ship 330-340 million tonnes of iron ore from its Pilbara operations in...


Gladdy Chu

December 04, 2017

05:50 GMT