Dalian’s most-active May iron ore futures contract today fell by RMB 55.5 to close at RMB 985.5/t on sluggish pre-holiday consumption. SGX iron ore futures Feb contract also dropped by $8.5 to $154.5/t. SHFE rebar and HRC futures marked a decrease of RMB 110 and RMB 98 in today’s trading.
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