Business

China steel futures close higher

Xinhua

Updated: 2020-09-01 16:00

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A worker at a steel plant in Dalian, Liaoning province. [Photo by Liu Debin/For China Daily]

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

The most active construction steel rebar contract for January 2021 delivery was up 12 yuan ($1.75) to close at 3,774 yuan a ton.

The most active October 2020 contract for hot rolled coils, mainly used in cars and appliances, was up 49 yuan to close at 4,037 yuan a ton.

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