Author: Lalita
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China: Benchmark iron ore futures rise on stricter production curbs
Iron ore futures in China gained by 1.2% on stricter curbs in the top steel making cities. Recently, Hebei’s Handan city rolled over production limitations till 30 Jun, effective from 21 Apr. Steel futures in Shanghai Futures Exchange extended gains with rebar futures rising by 1.7%. The closing prices of the most-traded iron ore and…