Author: Lalita
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China: Iron ore futures fall, steel futures rangebound
Iron ore futures on China’s Dalian Commodity Exchange (DCE) slipped 3.6%, d-o-d, on 13 Sept’21 on weak demand in the backdrop of production cuts in China. Steel futures on SHFE remained rangebound. DCE iron ore futures Jan’22 contract closed at RMB 706/t ($109) (-RMB 26.5) SGX iron ore futures Oct contract closed at $123.45/t (-$4.85)…