Iron ore and rebar futures in China rebound

Iron ore futures in China’s Dalian Commodity Exchange today rebounded after falling continuously for 5 days. DCE Jan ’21 contract closed higher by as much as 1.84% to RMB 828.5/t. Singapore’s Sep futures closed at $120.13/t, up $3 against yesterday’s closing. Shanghai rebar futures rose by RMB 4 to RMB 3,777/t.


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