Author: Lalita
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Chinese iron ore and rebar futures fall, HRC futures extend gains
DCE iron ore Jan’21 futures declined by RMB 3.5 to close at RMB 793.5/t while Singapore Nov’20 contract of iron ore futures closed at $116.78/t. SHFE rebar futures slipped by RMB 8 and closed at RMB 3,642/t. Meanwhile, HRC futures gained by as much as RMB 22 and closed at RMB 3,810/t.