CHINA China steel futures close higher


China steel futures close higher


17:02, July 07, 2020

Employees work at a steel plant in Dalian, Liaoning province. (Photo by Wang Yang for China Daily)

SHANGHAI - Steel futures closed higher Tuesday in daytime trading on the Shanghai Futures Exchange.

The most active construction steel rebar contract for October delivery was up 19 yuan ($2.7) to close at 3,634 yuan a ton.

The most active October contract for hot rolled coils, mainly used in cars and appliances, was up 29 yuan to close at 3,629 yuan a ton.

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