Tag archives: IO

Ferrous trade weekly review 16/4/21

A total of 1.23 million mt of iron ores was traded for the week ended Apr 16, amid the ongoing output restriction and inspection safety checks in Tangshan. Throughout the week, there was some market talks of easing the output curb in Tangshan that led to iron ore futures rally, though it did not receive …

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Daily DCE Review 16/4/21

Iron ore futures closed the week on positive note, after much rally on the week due to market talks over easing of output restrictions. The most-traded iron ore contract on China’s Dalian Commodity Exchange (DCE), for September delivery then inched up by 0.92% day-on-day or up RMB 9.50 to RMB 1,046/mt on Friday. The steel …

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Daily DCE Review 15/4/21

Iron ore futures rebounded from previous losses and rallied further, due to lower steel inventory and market talks of ramping up steel output. The most-traded iron ore contract on China’s Dalian Commodity Exchange (DCE), for September delivery then surged up by 3.56% day-on-day or up RMB 36 to RMB 1,048.50/mt on Thursday. The steel rebar …

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