China AM: Ferrous futures rangebound amid release of suspension order

China's ferrous futures ended the morning trading session little changed from their opening prices on Thursday March 15 amid an announcement that steelmakers in some parts of the country are to stop all blast furnace operations until the end of this month.

Futures closing prices – morning session
Shanghai Futures Exchange
May rebar: 3,748 yuan ($593.20) per tonne, up 8 yuan per tonne
May hot-rolled coil: 3,858 yuan per tonne, up 8 yuan per tonne
Dalian Commodity Exchange
May iron ore: 490.50 yuan per tonne, up 3 yuan per tonne
May coking coal: 1,283 yuan per tonne, unchanged
May coke: 1,988 yuan per tonne, down 4.50 yuan per tonne
Raw materials

Metal Bulletin’s 62%...


Sophie Zhao

March 15, 2018

06:48 GMT