Business

China steel futures close higher

Xinhua

Updated: 2020-07-09 16:04

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An employee works in a steel factory in Qingdao, Shandong province, on April 21, 2020. [Photo/Sipa]

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

The most active construction steel rebar contract for October 2020 delivery was up 48 yuan ($6.85) to close at 3,726 yuan a ton.

The most active October 2020 contract for hot rolled coils, mainly used in cars and appliances, was up 46 yuan to close at 3,718 yuan a ton.

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