Dalian iron ore futures’ prices hit record high on strong demand for iron ore among Chinese steelmakers. DCE’s most traded Jan ’21 contract closed high at RMB 934/t. SGX Jan iron ore futures advanced for a seventh straight session and closed at $134.25/t. HRC futures in Shanghai Futures Exchange surged by RMB 89 while rebar futures jumped by RMB 21 on a d-o-d basis.
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