Iron ore futures in China rise today supported by demand ahead of China’s 1-8 Oct’20 National Day holiday, though subdued trading and thin volumes are expected this week. Most traded contract in DCE closed at RMB 770/t. SGX iron ore futures moved up marginally to $114.28/t. Rebar and HRC futures in Shanghai Futures Exchange increased to RMB 3,540/t and RMB 3,669/t, respectively.
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