Iron ore futures in Dalian Commodity Exchange continued to rise on demand recovery post-Chinese holidays. Most traded May’21 iron ore contract closed today at RMB 1,004.5/t, up RMB 13.5/t. On the other hand, iron ore futures in Singapore Exchange remained range-bound at $154.25/t. SHFE rebar futures closed at RMB 4,285/t and HRC futures at RMB 4,450/t.
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