Author: Lalita
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China: Iron ore futures rangebound on foggy market signals
Iron ore futures on China’s Dalian Commodity Exchange (DCE) remained largely stable on 13 Aug’21 compared to the last trading session, primarily due to market volatility amidst ample supply and low demand in the backdrop of steel production cuts in China. Steel futures, however, remained volatile with re-bar futures moving higher while HRC futures edged…