Iron ore and steel futures in China decline

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Iron ore futures in China fell marginally, as per the daily futures assessment by SteelMint. DCE’s most traded Jan’21 contract fell by RMB 6 to RMB 779.5/t. Futures in Singapore Exchange closed at $110.9/t. SHFE rebar futures remained unchanged at RMB 3,668/t. Meanwhile, HRC futures decreased by RMB 12 d-o-d to close at RMB 3,842/t.


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