Author: Lalita

Iron ore and steel futures in China continued to rally on the back of strong demand outlook. Iron ore’s most-active May ’21 contract on DCE reached RMB 1144.5/t, up RMB 71 against last week’s closing. Iron ore’s Jan ’21 contract in Singapore Exchange moved higher by $13.6 to $174.6/t. Benchmark HRC and rebar futures for…