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China steel futures close lower

Xinhua | Updated: 2020-08-20 16:06
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An employee checks the size of steel billets at a steel plant in Dalian, Liaoning province. [Photo by Wang Yang/For China Daily]

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

The most active construction steel rebar contract for October 2020 delivery was down 59 yuan ($8.52) to close at 3,765 yuan a ton.

The most active October 2020 contract for hot-rolled coils, mainly used in cars and appliances, was down 8 yuan to close at 3,967 yuan a ton.

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