Author: Lalita

  • Chinese iron ore and steel futures rise to record high

    Chinese iron ore and steel futures rise to record high

    Iron ore futures in China jumped by 8% on demand optimism post-Labor holidays. Steel futures in Shanghai Futures Exchange touched a record level, rising by over 4% in the afternoon session. The closing prices of the most-traded iron ore and steel futures on 06 May are as follows: DCE iron ore futures Sep contract closed…