China Ferrous Metals Prices Tumble after Crazy Gains

  • Friday, August 11, 2017
  • Source:ferro-alloys.com

  • Keywords:China Ferrous
[Fellow][ferro-alloys.com] China Ferrous Metals Prices Tumble after Crazy Gains

On Aug. 11, prices of ferrous metals tumbled after sharp gains in recent days.

As of mid-day trading on Friday, price of DCE most actively-traded iron ore contract closed down by 5.2 percent, and price of SHFE most actively-traded rebar and hot-rolled coil contracts ended lower by 3.5 per cent and 2.9 per cent, respectively.

Earlier, news heard that SHFE will likely raise trading margins for rebar futures contracts.

Copyright © 2013 Ferro-Alloys.Com. All Rights Reserved. Without permission, any unit and individual shall not copy or reprint!
  • [Editor:Wang Linyan]

Related News

·Rebar and Steel Wire Rod Stocks in Guangzhou Fall for Three Weeks ...08-10
·Global Stainless Steel Output Surged 15% In Q1 201708-10
·China July Finished Steel Exports Grow and Iron Ore Imports Fall i...08-09
·Solid waste imports face stricter controls in boost to environment08-09
·Iron ore soars at $76 a tonne08-08

Tell Us What You Think

please login!   login   register
Please be logged in to comment!