SHFE rebar futures, today closed higher by RMB 45 d-o-d to RMB 3,753/t while HRC futures closed at RMB 3,887/t. Iron ore futures remained largely stable in both Dalian Commodity Exchange and Singapore Exchange. Most traded DCE contract of Jan’21 closed at RMB 786.5/t while in SGX, it closed at $112.96/t, as per daily SteelMint assessment.

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