Author: Lalita
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Chinese iron ore and steel futures continue to rise
Dalian’s most traded iron ore futures Jan’21 contract rose by as much as RMB 6.5 to RMB 801/t against last week closing. Singapore iron ore futures Dec’20 contract also moved up and closed at $114.44/t. SHFE rebar and HRC futures climbed by RMB 11 and RMB 17 respectively, SteelMint learned from credible sources.