Author: Lalita

Iron ore and steel futures in China today fell sharply as demand optimism wanes. The most traded iron ore futures May contract in Dalian Commodity Exchange today decreased by RMB 47, closing at RMB 1,127.5/t. The same traded in Singapore Exchange for Apr delivery closed at $172.5/t, down by $2.75 d-o-d. Shanghai rebar futures saw…