Iron ore futures in Dalian Commodity Exchange today slipped by RMB 37.5 against its last closing on Friday (Christmas). Most-active iron ore May ’21 futures closed at RMB 1,025.5/t. Contrarily, Singapore iron ore Jan ’21 futures moved up slightly to $ 161.7/t. SHFE HRC futures saw a significant drop of RMB 171 d-o-d while rebar futures fell by RMB 97, as per SteelMint’s assessment.
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