Author: Lalita
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China: Iron ore futures inch up on tight supply
Dalian iron ore futures inched up by 0.6% on supply worries from Australia, while futures trading on the Singapore Exchange (SGX) remained stable d-o-d. SHFE steel futures moved up slightly by 0.7%, as per SteelMint’s assessment. Closing prices of the most-traded ferrous futures contracts: DCE iron ore futures Sept contract closed at RMB 1,233/t ($190)…