China: Dalian iron ore futures rise by 2%

Benchmark iron ore futures in Dalian Commodity Exchange for May delivery today rose by RMB 22.5 and closed at RMB 1,075.5/t while Singapore iron ore futures Feb contract inched up to close at $170.17/t. SHFE rebar futures increased by RMB 32 and HRC futures moved up by RMB 14 in today’s trading.


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