China AM: Steel futures rise after soft start

China’s steel futures rose during morning trading on Wednesday July 11 having started the day weak, while the steelmaking raw materials contracts ended the session little changed from their opening prices.

Futures closing prices – morning session Shanghai Futures Exchange October rebar: 3,872 yuan ($584) per tonne, up 36 yuan per tonne October hot-rolled coil: 3,944 yuan per tonne, up 36 yuan per tonne Dalian Commodity Exchange September iron ore: 455 yuan per tonne, up 1 yuan per tonne September coking coal: 1,125 yuan per tonne, down 2.50 yuan per tonne September coke: 2,013 yuan per tonne, up 4 yuan per tonne Raw materials Metal Bulletin’s 62% Fe...

Published

Sophie Zhao

July 11, 2018

07:43 GMT

Singapore