China AM: Downtrend in steel futures persists for a second day

China's steel futures fell during morning trading on Wednesday February 13, while those of steelmaking raw materials moved sideways.

Futures closing prices – morning session  Shanghai Futures Exchange  May rebar: 3,731 yuan ($550.30) per tonne, down 18 yuan per tonne May hot-rolled coil: 3,636 yuan per tonne, down 11 yuan per tonne Dalian Commodity Exchange  May iron ore: 623 yuan per tonne, up 0.5 yuan per tonne May coking coal: 1,275 yuan per tonne, down 1 yuan per tonne May coke: 2,055 yuan per tonne, down 1 yuan per tonne  Raw materials  Fastmarkets' MB 62% Fe Iron Ore Index was at $87.65 per tonne...

Published

Sophie Zhao

February 13, 2019

05:30 GMT

Shanghai