DCE iron ore futures slip on dull finished steel demand

Iron ore futures in Dalian Commodity Exchange slipped by RMB 2.5 as demand for finished steel remains weak in China. Most traded Jan’21 futures contract in DCE closed at RMB 764.5/t. Singapore Oct’20 futures were range-bound at $113.26/t. SHFE rebar futures declined by RMB 30 to close at RMB 3,522/t while HRC futures closed at 3,660/t, down RMB 14 d-o-d.


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