Author: Lalita
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China: Iron ore, steel futures inch higher towards close after steep fall
Iron ore futures on the DCE as well as steel futures rebounded on 8 Jun’21 after a sharp fall of RMB 54.5/t on the last closing day. The most-active iron ore futures contract moved higher by 2.6% d-o-d while steel futures on the Shanghai Futures Exchange (SHFE) saw an uptick of around 0.5%. Closing prices…