China AM: Ferrous futures drop again after mid-week recovery

China’s ferrous futures retreated during the morning trading session on Thursday November 29 after a short-lived recovery a day earlier.

Futures closing prices – morning session
Shanghai Futures Exchange
January rebar: 3,594 yuan ($517) per tonne, down 62 yuan per tonne
January hot-rolled coil: 3,434 yuan per tonne, down 31 yuan per tonne
Dalian Commodity Exchange
January iron ore: 474.50 yuan per tonne, unchanged
January coking coal: 1,338 yuan per tonne, down 0.50 yuan per tonne

Published

Jessica Zong

November 29, 2018

06:54 GMT

Shanghai