Author: Lalita
-
China: Ferrous futures volatile on dull demand with advent of monsoon
Iron ore and steel futures in China continued to remain volatile on subdued steel demand in the rainy season. DCE iron ore futures dropped by 1.6% while SHFE rebar futures slipped 0.8% in today’s trading session. Closing prices of the most-traded ferrous futures contracts on 18 Jun’21 are: DCE iron ore futures Sept contract closed…