Category archives: Ferrous

Iron ore futures remained steady, after a slow start at the opening session, but only to see more upticks at the afternoon session toward the close. Thus, the most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange closed flat at RMB 918.50/mt on Wednesday, after a choppy trading session. The steel rebar …

Continue reading “DCE pauses for a break after recent rally”

Iron ore futures took a breather after the recent bullish run, which led the trading session to open high only to drop later at the close. Thus, the most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange booked a slight gain of 0.77% or RMB 7 day-on-day to RMB 912/mt on Tuesday. …

Continue reading “DCE’s bullish run calls for a break”