Steel futures closed higher on March 4 in daytime trading on the Shanghai Futures Exchange.
The most active construction steel rebar contract for May 2020 delivery was up 40 yuan/t ($5.75/t) to close at 3,477 yuan/t.
The most active May 2020 contract for hot rolled coils, mainly used in cars and appliances, was up 16 yuan/t to close at 3,491 yuan/t.
(Writing by Alex Guo Editing by Tammy Yang)
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