Author: Lalita
-
Chinese iron ore and steel futures slip further
The most traded May iron ore futures contract in DCE today fell by RMB 43.5 to RMB 933.5/t due to slowdown in trading activities ahead of the Lunar New Year holidays. The front-month iron ore futures contract for Mar delivery in Singapore Exchange also declined by $6.65 to $148.05/t. Rebar and HRC futures of most-active…