China’s steel, iron ore and other steel-making commodity futures rally after days’ sell-off

 

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The most-trade iron ore futures contract on the Dalian Commodity Exchange, for September delivery, jumped as much as 4.4% to hit a high of 718 yuan per tonne.

The most-traded September contracts of coking coal and coke on the exchange jumped 5.5% and 4.8%, respectively, to hit 1,398 yuan per tonne and 2,199 yuan per tonne.

The most active hot-rolled coil and construction steel rebar futures contract on the Shanghai Futures Exchange, jumped 4.5% and 3.8%.