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Aug 12,2020 L625 steel in dalian#0183;Dalian iron ore futures slumped in early trade on Wednesday after the China Iron and Steel Association said iron ore discharging difficulties and port congestion issues were expected to ease later this month.The most active iron ore futures contract on the Dalian Commodity Exchange,for January delivery,fell as much as 3.9% to 808 yuan ($116.16) per tonne.Iron ore futures extend gains on China steel demand Iron ore futures jumped on Thursday,with Dalian prices climbing more than 3% and the Singapore benchmark up for an eighth straight session,as more signs of improving downstream steel demand in Iron ore edges higher on China demand optimism,stainless Aug 17,2020 L625 steel in dalian#0183;Stainless steel on the Shanghai Futures Exchange closed the morning session up 3.4% at 14,665 yuan a tonne.FUNDAMENTALS * The Dalian exchange has included Yandi Fines and Karara Concentrate as new deliverable brands for its benchmark iron ore futures.* Shanghai construction steel rebar climbed 1.1%,while hot-rolled coil advanced 0.6%.
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