Author: Lalita
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Chinese iron ore and steel futures close higher
Iron ore futures today picked up slightly. The most-traded DCE’s Jan’21 contract closed at RMB 789.5/t while SGX futures rose by a US dollar to $114.15/t, according to SteelMint’s daily futures’ assessment. SHFE rebar futures increased by RMB 32 against yesterday and closed at RMB 3,782/t and SHFE HRC futures climbed by RMB 17 to…