Iron ore futures rebound on improved manufacturing activities

Dalian iron ore futures increased by RMB 9.5 and closed at RMB 849.5/t on improved manufacturing activities and moves from Chinese govt to ensure liquidity in market. Iron ore futures in Singapore Exchange for Aug ’20 contract today moved up marginally and closed at $108.92/t. Rebar futures in Shanghai Commodity Exchange reported at RMB 3,777/t, up RMB 10 d-o-d.


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