SHFE Zinc Hits 10-Year High, Ferrous Metals Mixed

SHANGHAI, Oct. 9 (SMM) – SHFE base metals closed higher across the board October 9, while ferrous metals are mixed.

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SHFE zinc gained over 3% to hit a 10-year high, leading gains of base metals.

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Ferrous metals are mixed. SHFE rebar and hot-rolled coil surged over 2%. DCE coke fell nearly 1%, and DCE coking coal and iron ore dropped over 2%. 

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