Author: Lalita
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China: Rising steel prices support Dalian iron ore futures
Iron ore futures on the Dalian Commodity Exchange (DCE) today, on 07 Jul’21, picked up by 1% on the back of higher steel prices in China. Easing of production cuts in China’s top steel making city, Tangshan, and rising spot iron ore prices have also boosted sentiments in the futures market. Steel futures, on the…