Author: Lalita
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China: Iron ore futures drop following brief recovery
Dalian iron ore futures on 8 Sept’21 dropped by 2.1% against yesterday’s closing as sentiments softened. Steel futures on the Shanghai Futures Exchange decreased slightly by 0.7% in the afternoon session. Closing prices of the most-traded ferrous futures contracts: DCE iron ore futures Jan’22 contract closed at RMB 763/t ($118) (-RMB 16) SGX iron ore…