Author: Lalita

China’s steel futures continued to drop by over 3% d-o-d on 3 Aug’21, while Dalian iron ore futures climbed 0.8% on expectations of relaxation in steel production cuts. Closing prices of the most-traded iron ore and steel futures contracts: DCE iron ore futures Sept contract closed at RMB 1,062.5/t ($164) (+RMB 8.5) SGX iron ore…