China AM: Steel futures take lead in early ascent

China’s ferrous futures move up during morning trading on Friday September 14, with steel contracts logging bigger gains than those for steelmaking raw materials.

Futures closing prices – morning session Shanghai Futures Exchange January rebar: 4,092 yuan ($598) per tonne, up 36 yuan per tonne January hot-rolled coil: 4,013 yuan per tonne, up 30 yuan per tonne Dalian Commodity Exchange January iron ore: 500.50 yuan per tonne, up 0.50 yuan per tonne January coking coal: 1,293 yuan per tonne, up 9 yuan per tonne January coke: 2,253.50 yuan per tonne, up 11.50 yuan per tonne Raw materials The following were obtained...


Jessica Zong

September 14, 2018

07:07 GMT