Dalian iron ore futures today fell on pressure as exports of the raw material by top producer Australia likely picked up last month that may push China’s portside inventories higher. Most traded Jan’21 contract closed at RMB 783/t. Iron ore futures in Singapore Exchange remained range-bound at $113.12/t. SHFE HRC futures closed higher at RMB 3,903/t while rebar futures decreased marginally to RMB 3,748/t.
Leave a Reply