Chinese steel rebar futures extended falls into a fourth session on Wednesday, dragged by worries over consumption due to rains in the southern parts of the country.
The most-active construction rebar on the Shanghai Futures Exchange, for October delivery, closed down 0.2% to 3,494 yuan ($488.25) per tonne.
Speculation sentiment has been restrained a bit and overall transactions are slowing down, Huatai Futures wrote in a note.
Stainless steel futures, for June delivery, fell 0.8% to 13,140 yuan per tonne.
Benchmark iron ore futures on the Dalian Commodity Exchange, for September delivery, dipped 0.1% to 706 yuan per tonne.
Dalian coking coal rose 1% to 1,164 yuan per tonne and Dalian coke slipped 0.4% to 1,863 yuan per tonne.
Spot prices of iron ore with 62% iron content for delivery to China fell by $2.5 to $96 per tonne on Tuesday.
Hot-rolled coil, used in cars and home appliances, inched 0.2% higher to 3,419 yuan a tonne.
Profits earned by Chinese industrial firms in April dropped 4.3% year-on-year to 478.1 billion yuan, the National Bureau of Statistics said.
A group of around 100 striking workers blocked the doors at Tata Steel's main IJmuiden plant in the Netherlands on Tuesday morning, in what labour representatives said was a spontaneous move and a prelude to major action in the coming weeks.
The yuan eased to a near nine-month low against the dollar on Wednesday, hit by rising Sino-US tensions following China's proposed security law for Hong Kong and corporate dollar demand.
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