Author: Lalita
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China: Dalian iron ore futures slump to nine-month low
Iron ore futures on China’s DCE fell 2.6% on 15 Sept’21. China’s steel output decreased for the third straight month in Aug’21 which fuelled demand worries for iron ore. Closing prices: DCE iron ore futures Jan’22 contract: RMB 692.5/t ($108) (-RMB 18.5) SGX iron ore futures Oct contract: $116.05/t (-$4.2) SHFE re-bar futures Jan’22 contract:…