Dalian: Iron ore futures closed lower on Thursday in daytime trading at the Dalian Commodity Exchange (DCE). The most active iron ore contract for January 2025 delivery fell by 10.5 yuan, equivalent to about 1.5 U.S. dollars, finishing at 756 yuan per tonne.
According to Namibia Press Agency, the total trading volume of 12 listed iron ore futures contracts on the exchange reached 346,047 lots on Thursday, resulting in a turnover of approximately 26.24 billion yuan. China, recognized as the world’s largest importer of iron ore, opened the DCE iron ore futures to international investors in May 2018.
