China: Benchmark iron ore futures remain stable

Iron ore futures today remained almost stable in both Dalian and Singapore Exchange. Meanwhile rebar and HRC futures fell marginally by 0.9% and 0.5%, respectively. The closing prices of the most-traded iron ore and steel futures on 09 Apr ’21 are as follows:

  • DCE iron ore Sep contract closed at RMB 982.5/t (-3)
  • SGX iron ore May contract closed at $165.40/t (-0.20)
  • SHFE rebar May contract closed at RMB 5,068/t (-47)
  • SHFE HRC May contract closed at RMB 5,460/t (-30)

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