Business

China steel futures close higher

Xinhua

Updated: 2020-09-02 17:05

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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 Wednesday in daytime trading on the Shanghai Futures Exchange.

The most active construction steel rebar contract for January 2021 delivery was up 4 yuan (59 US cents) to close at 3,778 yuan a ton.

The most active January 2021 contract for hot rolled coils, mainly used in cars and appliances, was up 9 yuan to close at 3,934 yuan a ton.

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