Tag: Steel futures
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China: Steel futures rebound, iron ore stable
Steel futures on the Shanghai Futures Exchange (SHFE) increased by 4% d-o-d on 4 Aug’21 amid expectations of easing steel output curbs in China. Iron ore futures on the Dalian Commodity Exchange (DCE) remained rangebound, inching up slightly by 0.4% d-o-d. Closing prices of the most-traded ferrous futures contracts: DCE iron ore futures Sept contract…