Category archives: Ferrous

Iron ore futures rebounded after a selloff in the morning session, rallying in the afternoon session toward the close. The most-traded iron ore contract on China’s Dalian Commodity Exchange (DCE), then hiked up by 1.69% day-on-day or up RMB 16.50 to RMB 993.50/mt on Wednesday. The steel rebar contract on the Shanghai Futures Exchange, however …

Continue reading “Daily DCE Review 7/4/21”

Iron ore futures retreated despite the return of trade participants from holidays season and record-high steel prices. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE), then dropped by 0.61% day-on-day or down RMB 6 to RMB 971/mt on Monday. The steel rebar contract on the Shanghai Futures Exchange, however surged up …

Continue reading “Daily DCE Review 6/4/21”

Iron ore futures were closed on China’s Ching Ming holidays, despite upticks in steel prices due to stringent inspection checks. During the market inactivity, Tangshan billet prices got much market attention, as it rose for a total of RMB 220 since the start of month to RMB 5,020/mt as of Apr 5. The price upticks …

Continue reading “Daily DCE Review 5/4/21”