China
Chinese stocks closed lower on Thursday, with the benchmark Shanghai Composite Index down 0.41 percent to 3,875.60 points.
The Shenzhen Component Index closed 0.33 percent lower at 13,409.91 points.
The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, dropped 0.40 percent to close at 3,298.31 points.
Chinese shares close lower Thursday
Shanghai Futures Exchange steel contracts closed lower on Thursday.
The most-active rebar futures for January 2027 finished the day session at 3,122.00 yuan (about 465.53 U.S. dollars) per tonne, down 0.13 percent from the previous settlement.
The hot-rolled coil futures for January 2027 settled at 3,317.00 yuan (about 494.60 U.S. dollars) per tonne, down 0.12 percent.
Rebar is mainly used in construction for buildings, bridges and infrastructure. Hot-rolled coil is a flat steel product widely used across the manufacturing sector, including in automobiles, home appliances, machinery and pipes.
Both contracts are among the most actively traded steel futures in the world and serve as key price references for the Chinese and global steel markets.
Chinese steel futures close lower Thursday
