Author: Lalita
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China: Iron ore, steel futures edge down as govt steps in to control prices
Iron ore and steel futures in China remained range-bound in the afternoon session on 25 May’21 after the Chinese government warned of strict action against speculative trading amid rising commodity prices. The closing prices of the most-traded iron ore and steel futures contracts on 25 May’21 are: DCE iron ore futures Sep’21 contract closed at…