China's ferrous futures, particularly the steel and coke contracts, tumbled during morning trading on Thursday November 15 on profit-taking after across-the-board gains a day earlier.
Futures closing prices - morning session Shanghai Futures Exchange January rebar: 3,874 ($557) yuan per tonne, down 53 yuan per tonneJanuary hot-rolled coil: 3,577 yuan per tonne, down 30 yuan per tonneDalian Commodity Exchange January iron ore: 510 yuan per tonne, down 1 yuan per tonneJanuary coking coal: 1,353 yuan per tonne, down 3 yuan per tonneJanuary coke: 2,334 yuan per tonne, down 20.50 yuan per tonne Raw materials The following were obtained...