Category archives: Ferrous

Chinese futures remained almost flat for Wednesday, till a selldown in the afternoon session that led to a negative closing. The most-actively traded iron ore futures on the Dalian Commodity Exchange (DCE), for September delivery, went down slightly by RMB 2.00 or 0.27% day-on-day at RMB 742 per tonne on Wednesday. Similarly, the steel rebar …

Continue reading “DCE moves flattish amid high PMIs”

Chinese futures fell for the second consecutive day due to market concerns over lower steel demand the rainy season. The most-actively traded iron ore futures on the Dalian Commodity Exchange (DCE), for September delivery, went down slightly by RMB 3.50 or 0.47% day-on-day at RMB 744.50 per tonne on Tuesday. The steel rebar contract on …

Continue reading “DCE flattens for second day amid slow season”