China: Iron ore and steel futures rise

Dalian iron ore futures’ most-traded May contract today rose by RMB 22.5 to close at RMB 1,129.5/t. Singapore iron ore futures closed higher at $169.6/t, up $3.55. Rebar futures and HRC futures in Shanghai Futures Exchange increased by RMB 66 and RMB 17, respectively.


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