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China steel futures close lower

Xinhua | Updated: 2020-08-05 16:48
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Employees work on the production line of Baoshan Iron and Steel Co Ltd in Shanghai. [Photo/Xinhua]

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

The most active construction steel rebar contract for October 2020 delivery was down 11 yuan ($1.56) to close at 3,832 yuan a ton.

The most active October 2020 contract for hot rolled coils, mainly used in cars and appliances, was down 2 yuan to close at 3,911 yuan a ton.

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