Chinese iron ore and steel futures close higher

Dalian’s most-traded May iron ore contract today rose by RMB 22 to RMB 1,139/t on demand hopes after the Spring Festival holidays. Iron ore futures Mar contract in Singapore Exchange climbed by $2.85 against the last closing. Rebar futures gained by RMB 58 and HRC futures by RMB 132, as per SteelMint’s assessment.


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