Iron ore futures in Dalian Commodity Exchange today dropped to two-week low on improved supply outlook in China. Most traded Jan’21 futures contract closed at RMB 798.5/t. Singapore iron ore futures remained almost stable against yesterday at $120.3/t. SHFE rebar futures fell by RMB 10 d-o-d to close at RMB 3,618/t and HRC futures slumped by RMB 27 to RMB 3,757/t.
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