China AM: Futures down amid smaller winter restrictions

China’s ferrous futures tanked after morning open on Tuesday November 6, with losses narrowed later for contracts except rebar, amid stronger expectations that the country’s winter steelmaking restrictions would be lighter than those a year earlier.

Futures closing prices – morning session Shanghai Futures Exchange January rebar: 3,973 yuan ($575) per tonne, down 79 yuan per tonne January hot-rolled coil: 3,726 yuan per tonne, down 37 yuan per tonne Dalian Commodity Exchange January iron ore: 515.50 yuan per...


July Zhang

November 06, 2018

05:30 GMT