Author: Lalita

Chinese iron ore futures hit highest since May on strong demand

Nov 30, 2020

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by

Lalita

in Fines/Lumps

Dalian iron ore futures hit the highest since May ’20 on strong steel demand in China. The most traded contract of Jan ’21 closed higher by RMB 9.5 to RMB 911.5/t. SGX iron ore Dec ’20 futures rose further by $1.84 d-o-d to close at $129.3/t. SHFE rebar futures slipped by 0.45% to RMB 3,906/t…