China AM: Steel, steelmaking raw materials futures move in opposite directions

November 06, 2018 / www.metalbulletin.com / Article Link

Ferrous futures in China registered mild movements during morning trading on Monday November 5, with the impact of winter steelmaking restrictions and the potential for easing tensions between the country and the United States being factors to watch out for over the rest of the month.

Futures closing prices - morning session Shanghai Futures Exchange January rebar: 4,034 yuan ($585) per tonne, down 26 yuan per tonne January hot-rolled coil: 3,756 yuan per tonne, down 6 yuan per tonne Dalian Commodity Exchange January iron ore: 512.50 yuan per tonne, up 3.50 yuan per...

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