China AM: Ferrous futures edge up again

China’s ferrous futures rose further during the morning trading session on Wednesday February 14, ahead of the country’s week-long Lunar New Year holiday starting February 15.

Futures closing prices – morning session Shanghai Futures Exchange May rebar: 3,943 yuan ($622) per tonne, up 20 yuan per tonne  May hot-rolled coil: 3,985 yuan per tonne, up 4 yuan per tonne  Dalian Commodity Exchange May iron ore: 538 yuan per tonne, up 4 yuan per tonne  May coking coal: 1,372 yuan per tonne, down 1.5 yuan per tonne  May coke: 2,140 yuan per tonne, up 2.5 yuan per tonne Raw materials Metal Bulletin’s 62% Fe Iron Ore Index stood at $77.36 per tonne...

Published

Fiona Lam

February 14, 2018

04:02 GMT

Singapore