Rebar and hot-rolled coil (HRC) futures on the Shanghai Futures Exchange (SHFE) rebounded by 2.2% on 30 Jun’21 compared to the settlement price on 29 Jun. Iron ore futures on the Dalian Commodity Exchange (DCE) increased by 1%, SteelMint’s daily assessment shows. Closing prices of the most-traded iron ore and steel futures contracts:
- DCE iron ore futures Sept contract closed at RMB 1,165/t ($180) (+RMB 12)
- SGX iron ore futures Jul contract closed at $210.34/t (+4.34)
- SHFE rebar futures Oct contract closed at RMB 5,147/t ($797) (+RMB 111)
- SHFE HRC futures Oct contract closed at RMB 5,428/t ($841) (+RMB 113)
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