DCE iron ore Jan’21 futures rose further by RMB 11 to RMB 887.5/t, as shrinking steel inventories at Chinese mills encouraged traders to push prices higher. SGX iron ore futures for Dec’20 also inched up to RMB 125.54/t. SHFE rebar futures climbed to RMB 3,977/t. and HRC futures to RMB 4,084/t.
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