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Iron ore futures snap five-day slump as China steel margins recover Dalian and Singapore iron ore futures rebounded on Monday after a five-day slump, due to a recovery in steel margins in China, the world’s biggest buyer of the steelmaking ingredient. The most-traded September iron ore on China’s Dalian Commodity Exchange DCIOcv1 ended daytime trading 0.9% higher at 1,136.50 yuan ($175.22) a tonne. Dalian iron ore marked its steepest weekly drop in 17 months on Friday due to worries about China’s steel production caps. Iron ore’s most-active August contract on the Singapore Exchange was up 0.7% at $198.75 a tonne by 0703 GMT.

Sherry jacob phillipsEnrico dela cruzAtilla widnellDavid evansChina dalian commodity exchange dciocvShanghai futures exchangeSingapore exchangeDalian commodity exchangeNavigate commoditiesஷெர்ரி ஜாகோப் பிலிப்ஸ்டேவிட் எவன்ஸ்ஷாங்காய் எதிர்காலங்கள் பரிமாற்றம்சிங்கப்பூர் பரிமாற்றம்டேலியன் பண்டம் பரிமாற்றம்செல்லவும் பொருட்கள்