Shanghai Futures Exchange steel contracts closed higher on Friday.
The most-active rebar futures for January 2027 finished the day session at 3,074.00 yuan (about 459.56 U.S. dollars) per tonne, up 0.26 percent from the previous settlement.
The hot-rolled coil futures for January 2027 settled at 3,242.00 yuan (about 484.68 U.S. dollars) per tonne, up 0.19 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 higher Friday
Chinese stocks closed mixed on Friday, with the benchmark Shanghai Composite Index up 0.24 percent to 3,716.28 points.
The Shenzhen Component Index closed 0.12 percent lower at 11,802.46 points.
Turnover of stocks covered by these two indices totaled about 1.56 trillion yuan (around 232.07 billion U.S. dollars), down from 1.63 trillion yuan on the previous trading day.
Stocks related to low-altitude economy, defense, real estate and new energy vehicle led the gains, while those in sectors such as gaming, and film and television saw the biggest declines.
The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, lost 0.39 percent to close at 2,772.38 points.
The STAR Composite Index, which reflects the performance of stocks on China's sci-tech innovation board, closed 0.18 percent lower at 1,584.04 points.
Chinese shares close mixed Friday
