Iron ore futures in China continued their rise on Tuesday on hopes of a recovery in the real estate sector.
January's most-traded iron ore on the Dalian Commodity Exchange DCIOcv1 was up 0.3% at the close, reaching 965.5 yuan ($132.39) per metric ton. Coking coal DJMcv1 fell 1.3% and coke DCJcv1 fell 0.4%.
The decline was dominant in the Singapore Stock Exchange. December iron ore SZZFZ3 fell 0.8% to $127.1 per tonne.
Steel indicators on the Shanghai Futures Exchange were generally declining. Rebar contract SRBcv1 fell 0.6%, hot rolled coil SHHCcv1 fell 0.5%, wire rod SWRcv1 fell 0.4% and stainless steel SHSScv1 fell 1.3%.
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