China: Uptrend continues in iron ore futures

Dalian iron ore futures May contract continued to increase by RMB 18.5 d-o-d to close at RMB 989.5/t. SGX iron ore futures Jan contract closed higher at $157.7/t. On the other hand, SHFE rebar and HRC futures declined by RMB 7 and RMB 23, respectively.


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