DCE ends the week in rally amid coronavirus concerns

Iron ore futures ended the week on high notes, despite some selloff in the morning session, but only to rally later at the afternoon session. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) then rose by 2.35% on-day or RMB 24.50 to RMB 1,067.50/mt on Friday. The steel rebar contract on …