Iron Ore Closes with Mixed Results

Iron Ore Closes with Mixed Results

The prices of iron ore futures contracts on the Dalian Exchange in China closed in a mixed fashion.

The price of the most traded contract, with delivery for January 2024, rose by 0.55% to 732.5 yuan (100.88 dollars) per ton, while the contract for September 2023, which had the second highest turnover, remained stable at 821 yuan (113.0 dollars) per ton.

The ore traded on the Dalian Exchange contains 62% iron content and is considered fines – meaning at least 90% of the load consists of ten millimeters or less.

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