Category: Uncategorized
-
China: Ferrous futures bullish on news of easing Tangshan curbs
Iron ore futures on the Dalian Commodity Exchange (DCE) moved up 2% d-o-d while steel futures on the Shanghai Futures Exchange (SHFE) were up 3% in today’s session. The ferrous complex in China turned bullish after reports of easing production curbs in Tangshan. The closing prices of the most-traded iron ore and steel futures contracts…