Author: Lalita

Ferrous futures prices in China saw an uptick on 27 May’21 even as volatility in steel prices reigned amid regulatory concerns. Iron ore futures on the Dalian Commodity Exchange (DCE) and Singapore Exchange (SGX) rose by 5% day-on-day. Steel futures on the Shanghai Futures Exchange (SHFE) gained by over 3% (d-o-d) in today’s afternoon session.…