Chinese iron ore and rebar futures rise

Dalian’s most traded Jan’21 iron ore futures contract, today increased marginally by RMB 8 to close at RMB 768/t. Singapore Nov’20 iron ore futures remained range bound at $113.43/t. Most traded SHFE’s Jan’21 rebar futures rose to RMB 3,812/t and HRC futures remained almost stable at RMB 3,616/t.


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