DCE iron ore Jan’21 futures observed a sharp decline of RMB 20 d-o-d against last trading day and closed at RMB 867.5/t while SGX Dec’20 iron ore futures decreased by a US dollar to $123.75/t. Rebar and HRC futures in Shanghai Futures Exchange also fell by as much as RMB 66 and RMB 73, respectively.
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