DCE iron ore Jan’21 futures continued downtrend today & fell by RMB 6 to RMB 772.5/t on limited inquiries amid environmental restrictions in China’s Tangshan. In Singapore Exchange, iron ore futures contract for Sep’20 delivery fell by $2.4 and closed at $111.5/t. On the other hand, HRC futures and rebar futures in China picked up slightly against yesterday and closed at RMB 3,666/t and RMB 3,542/t.
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