China AM: Steel futures fall amid weakening physical market

China’s steel futures trended downward during morning trading on Friday November 9, with the hot-rolled coil contract experiencing the steepest drop amid weakening physical prices.

Futures closing prices – morning session Shanghai Futures Exchange January rebar: 3,970 yuan ($573) per tonne, down 9 yuan per tonne January hot-rolled coil: 3,673 yuan per tonne, down 35 yuan per tonne Dalian Commodity Exchange January iron ore: 523.50 yuan per tonne, up 1.50 yuan per...

Published

Alex Theo

November 09, 2018

06:05 GMT

Singapore