Ferrous futures market in China remains largely stable

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DCE iron ore futures today remained range-bound, with most-traded Sep contract closing at RMB 1,011.5/t, down RMB 11 d-o-d.
SGX iron ore futures for May delivery remained almost stable at $166.35/t, up $0.20 d-o-d.
SHFE rebar futures Oct contract closed at RMB 5,116/t, stable d-o-d.
SHFE HRC futures Oct contract closed at RMB 5,418/t, up by RMB 15 d-o-d.

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