China AM: Ferrous futures sell-off as China-US trade tensions mount

Ferrous futures in China plunged during the morning trading session amid trade tensions between the country and the United States, with both announcing tariffs on each other’s products.

Futures closing prices – morning session
Shanghai Futures Exchange
May rebar: 3,406 yuan per tonne, down 79 yuan per tonne

May hot-rolled coil: 3,554 yuan per tonne, down 64 yuan...


Deepali Sharma

March 23, 2018

06:05 GMT