Iron ore and steel futures rise

DCE iron ore futures Jan’21 contract rose as much as RMB 8 d-o-d to reach RMB 789/t while the same in Singapore Exchange moved up marginally to $121.15/t. Rebar and HRC futures in Shanghai Futures Exchange showed a slight positive movement and closed at RMB 3,616/t and RMB 3,745/t, respectively.


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