Concerns about the Chinese government's inspections to ensure price stability continue to lower iron ore futures.
The most-traded January iron ore contract on China's Dalian Commodity Exchange fell 0.4% at close to 966 yuan ($135.12) per metric ton. Additionally, coking coal DJMcv1 decreased by 3.4% and coke DCJcv1 decreased by 1.6%.
The January iron ore benchmark on the Singapore Exchange rose 0.4% to $128.88 per metric tonne.
The Shanghai Futures Exchange was also down. The most active rebar contract SRBcv1 fell 0.7%, hot rolled coil SHHCcv1 fell 1%, wire rod SWRcv1 fell 3.3% and stainless steel SHSScv1 fell 4%.
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