Daily DCE Review 8/3/21

Iron ore futures opened high on the morning session, only to flatten later at the afternoon session as steel prices dropped. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE), then moved up slightly by 0.26% day-on-day or RMB 3 to RMB 1,143.50/mt on Monday. The steel rebar contract on the Shanghai …