Chinese iron ore and steel futures slip

Iron ore futures in Dalian Commodity Exchange today slipped by RMB 14.5 against the last closing. The most-active May’21 iron ore futures in DCE closed at RMB 1,117/t. Meanwhile, Singapore’s front-month iron ore Mar’21 futures came down by $1.3 to $168.05/t. SHFE steel futures remained range-bound with rebar futures closing at RMB 4,524/t and HRC futures at RMB 4,690/t.


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