Iron ore futures rose slightly on Monday, despite China’s economic data showing a dip in iron ore imports during August. The most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange inched up slightly by 0.29% day-on-day to RMB 851.50 per tonne after a late rebound session following the selloff at day opening. …
Continue reading “DCE inches up despite lower China’s monthly imports”