China’s iron ore futures market today remained quiet ahead of Lunar New Year holidays. DCE’s most-traded iron ore futures May ’21 contract closed at RMB 990/t, up RMB 5 d-o-d. Singapore’s iron ore futures Feb’21 contract moved up by $1.9 to $155.95/t. SHFE rebar futures closed lower at RMB 4,267/t and HRC futures at RMB 4,390/t.
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