Author: Lalita
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China: Iron & steel futures close higher
DCE’s most traded iron ore contract of Jan’21 today picked up by RMB 8.5 d-o-d to close at RMB 876/t. Meanwhile SGX Dec futures closed at $124.57/t. HRC futures in Shanghai Futures Exchange climbed to RMB 4,042/t while rebar futures remained almost stable at RMB 3,910/t.