China steel futures close lower

Steel Mill Workers Foundry Metal Molten Hot

Steel futures closed lower Thursday in daytime trading on the Shanghai Futures Exchange.

The most active construction steel rebar contract for October delivery was down 23 yuan (about 3.25 U.S. dollars) to close at 3,341 yuan a tonne.

The most active May 2020 contract for hot rolled coils, mainly used in cars and appliances, was down 29 yuan to close at 3,294 yuan a tonne.
Source: Xinhua


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