China AM: Ferrous futures strengthen amid positive economic data

China’s ferrous futures rose across the board during morning trading on Tuesday April 17 following the release of data showing the world’s second-largest economy growing a little faster than expected in the first quarter.

Futures closing prices – morning session Shanghai Futures Exchange October rebar: 3,419 ($544.30) per tonne, up 64 yuan per tonne October hot-rolled coil: 3,536 yuan per tonne, up 68 yuan per tonne Dalian Commodity Exchange September iron ore: 441.50 yuan per tonne, up 4.50 yuan per tonne September coking coal 1,134.50 yuan per tonne, up 32 yuan per tonne September coke: 1,788 yuan per tonne, up...


Sophie Zhao

April 17, 2018

06:25 GMT