China AM: Ferrous futures mostly up on improved sentiment

China’s ferrous futures were mostly up during morning trading on Wednesday June 13, with steel contracts making a strong recovery after a weak two days.

Futures closing prices – morning session Shanghai Futures Exchange October rebar: 3,879 yuan ($606) per tonne, up 28 yuan per tonne October hot-rolled coil: 3,986 yuan per tonne, up 17 yuan per tonne Dalian Commodity Exchange September iron ore: 470 yuan per tonne, up 1.50 yuan per tonne September coking coal: 1,262.50 yuan per tonne, down 4.50 yuan per tonne September coke: 2,139 yuan per tonne, up 4.50 yuan per tonne Raw materials Metal Bulletin’s 62% Fe Iron Ore Index stood at $67.23 per tonne cfr China on Tuesday,...

Published

Paul Lim

June 13, 2018

08:03 GMT

Singapore