China: DCE iron ore futures retreat on supply concerns

Dalian iron ore futures today fell by RMB 14 d-o-d after gaining for five straight sessions. The most traded Jan’21 contract closed at RMB 787/t. Singapore iron ore futures decreased by $1.56 to $112.71/t. SHFE rebar futures also declined and closed at RMB 3,708/t and HRC futures closed at RMB 3,862/t.


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