Author: Lalita

  • China: Iron ore futures stable on strong steel sentiments

    China: Iron ore futures stable on strong steel sentiments

    Iron ore futures on the Dalian Commodity Exchange (DCE) remained largely stable on strong steel futures. Rebar and HRC futures on the Shanghai Futures Exchange (SHFE) jumped in the afternoon session on positive steel sentiments. Strong fundamentals in the iron ore spot market have been supporting the futures market, as per latest reports. Closing prices…