Author: Lalita
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Iron ore and steel futures in China increase
DCE’s most-traded May iron ore futures contract today closed higher at RMB 1,093.5/t, up by RMB 53 against yesterday’s closing. Singapore’s Apr iron ore futures rose to $170/t. SHFE rebar futures increased by RMB 98/t and HRC futures climbed by RMB 107/t.