Category archives: Ferrous

Ferrous trade weekly review 9/4/21

A total of 0.66 million mt of iron ores was traded for the week ended Apr 9, after trade participants returned from the long weekend holidays. Steel prices rose to multi-years high during the week amid high margins and output restrictions that extended beyond China’s steelmaking hub of Tangshan. During the week, the trades volume …

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Daily DCE Review 9/4/21

Iron ore futures closed the week on slight losses, after much market rally in the week as trade participants returned from holidays. The most-traded iron ore contract on China’s Dalian Commodity Exchange (DCE), then fell slightly by 0.41% day-on-day or down RMB 4 to RMB 979/mt on Friday. The steel rebar contract on the Shanghai …

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Daily DCE Review 8/4/21

Iron ore futures dropped slightly at the afternoon close, despite a rally at the start of the afternoon trading session. The most-traded iron ore contract on China’s Dalian Commodity Exchange (DCE), then dipped down by 0.56% day-on-day or down RMB 5.50 to RMB 982.50/mt on Thursday. The steel rebar contract on the Shanghai Futures Exchange, …

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