Ferrous Trade Weekly Review 18/03/22

A total of 540,000 mt of iron ores was traded for the week ended Mar 18, after a long pause of minimal trades due to Chinese market regulator crackdown on false price information. There was also more steel production following the removal of output curbs after the Two Sessions meeting and Paralympic events During the …

Daily DCE Review 18/03/22

Iron ore futures ended the week on gains, despite market concerns over the strict lockdown measures and impact on steel demand. The futures of Dalian Commodity Exchange (DCE) for May delivery rose by 3.54% day-on-day or up RMB 28.50 to RMB 833.50/mt, during the day trading session on Friday. The rebar futures also increased by …