Author: Lalita
-

China: Iron ore futures rebound, steel futures continue downtrend
Benchmark iron ore futures on the Dalian Commodity Exchange picked up by 1.7% on 26 Aug’21 on hopes of demand recovery in China. Iron ore futures on the Singapore Exchange rose by 3% d-o-d. On the other hand, steel futures on the Shanghai Futures Exchange slumped by as much as 3% on bearish steel sentiments.…