Author: Lalita
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Chinese iron ore futures fall on concerns over steel output in Tangshan
Iron ore futures in China today fell by RMB 47 d-o-d over demand concerns, fueled by the circulation of an unconfirmed notice in the Chinese steel industry which says Tangshan’s city authorities are planning to curtail steel mills’ output for the rest of CY ’21. Most traded May iron ore futures contract in DCE closed…