China AM: Ferrous futures steady amid bearish sentiment

China’s ferrous futures were little changed during morning trading on Thursday December 28 amid bearish sentiment in the physical steel markets.

Futures closing prices – morning session
Shanghai Futures Exchange
May rebar: 3,760 yuan ($) per tonne, up 2 yuan per tonne
May hot-rolled coil: 3,842 yuan per tonne, unchanged
Dalian Commodity Exchange
May iron ore: 518.50 yuan per tonne, up 3 yuan per tonne

May...

Published

Paul Lim

December 28, 2017

05:43 GMT

Singapore