Author: Lalita
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China: Iron ore, steel futures rangebound amidst weak demand
Iron ore and steel futures in China remained almost stable on 9 Sept’21 on demand concerns amidst fears of more steel production curbs. Closing prices of most-traded ferrous futures contracts: DCE iron ore futures Jan’22 contract closed at RMB 732.5/t ($114) (+RMB 3.2) SGX iron ore futures Oct contract closed at $128.40/t (-$1.25) SHFE rebar…