China’s steel exports reached a record high in July despite all trade barriers, rising 1.7% compared to the previous month. However, prices continue to fall.
On the Dalian Commodity Exchange (DCE), September iron ore prices fell 0.19% to $109.99 per tonne. Coking coal declined by 0.49%, while coke slipped 0.27%.
On the Singapore Exchange (SGX), September iron ore prices dropped 0.15% to $102.1 per tonne.
At the Shanghai Futures Exchange (SHFE), price changes remained limited; rebar fell 0.71%, hot-rolled coil lost 0.55%, and wire rod decreased 0.23%, while stainless steel rose 0.19%.
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