Iron ore futures in Dalian Commodity Exchange today witnessed a sharp drop of 2.1%, with most-traded Sep’20 contract closed at RMB 827.5/t against RMB 845.5/t yesterday while Aug futures in Singapore Exchange closed at $ 106.22/t, down RMB 2.3 d-o-d. China’s rebar futures were reported to be at RMB 3,747/t.
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