Rebar futures in China’s Shanghai Futures Exchange today plummeted by RMB 64 against last closing on Friday and closed at RMB 3,539/t, SteelMint gathered from a credible source. The most-traded Jan’21 iron ore contract in Dalian Commodity Exchange also observed a sharp decline by RMB 27 to close at RMB 776/t. Iron ore on Singapore Exchange slipped by $5.38 to $116.02/t.
Leave a Reply