There was no clear trend in China's ferrous futures market during morning trading on Friday February 2 after the Hebei provincial government denied that it was planning to extend production cuts for an additional two months.
Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,947 yuan ($627) per tonne, down 7 yuan per tonne May hot rolled coil: 4,017 yuan per tonne, up 1 yuan per tonne Dalian Commodity Exchange May iron ore: 514.50 yuan per tonne, down 2 yuan per tonne May coking coal: 1,319 yuan per tonne, up 7 yuan per tonne May coke: 2,037.50 yuan per tonne, up 10 yuan per tonne Raw materials Glencore on Thursday reported a 15% year-on-year rise in...