Iron ore and steel futures in China saw a slight improvement on 2 Sept’21. DCE iron ore futures edged higher by 1.1% and SHFE steel futures by 0.6% in today’s trading session. Closing prices of the most-traded futures contracts:
- DCE iron ore futures Jan’22 contract closed at RMB 773.5/t ($120) (+RMB 8.5)
- SGX iron ore futures Oct contract closed at $145.1/t (-$2.37)
- SHFE rebar futures Jan’22 contract closed at RMB 5,273/t ($816) (+RMB 31)
- SHFE HRC futures Jan’22 contract closed at RMB 5,571/t ($862) (+RMB 7)
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