Despite the stimulus in China's property sector, Dalian iron ore futures declined. The most-traded September iron ore contract on the Dalian Commodity Exchange (DCE) fell 1.11% to USD 122.89 per metric tonne.
Coking coal was down 1.06% while coke was up 0.38%.
On the Singapore Exchange, the June iron ore benchmark rose 0.81% to USD 118.85 per metric tonne.
The Shanghai Futures Exchange was also generally lower. Rebar fell 0.4%, hot rolled coil 0.21%, wire rod 0.67% and stainless steel 0.17%.
Market analysts noted that there was a significant increase in hot metal production and supply was also at high levels. It was also reported that port stocks continued to increase.
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