Author: Lalita
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China: Dalian iron ore futures soar to record high on robust demand
Dalian iron ore futures’ prices hit record high on strong demand for iron ore among Chinese steelmakers. DCE’s most traded Jan ’21 contract closed high at RMB 934/t. SGX Jan iron ore futures advanced for a seventh straight session and closed at $134.25/t. HRC futures in Shanghai Futures Exchange surged by RMB 89 while rebar…