China: Dalian iron ore futures drop as Tangshan issues pollution alert

Dalian’s most-traded May iron ore futures contract decreased by RMB 32 to close at RMB 1,107/t, after top steel-producing city Tangshan issued a second-level pollution alert forcing mills to curb production. Iron ore futures in Singapore Exchange declined by $2.35 to $169.05/t. SHFE rebar futures slipped by RMB 20/t while HRC futures fell by RMB 23/t.


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