CHINA HRC: Ferrous futures fall amid stock market slump

China’s hot-rolled coil futures tumbled on Friday February 9, though spot prices for the product were unchanged due to sparse trading.

Domestic Eastern China (Shanghai): 4,110-4,130 yuan ($650-654) per tonne, unchanged Northern China (Tianjin): 4,000-4,030 yuan per tonne, unchanged The Shanghai stock market plummeted for a fourth day, which led to growing risk aversion that weighed on ferrous futures ahead of the weekend, according to sources. But in the...


Gladdy Chu

February 09, 2018

10:56 GMT