DALIAN, July 26 (Xinhua) — Iron ore futures closed higher on Friday in daytime trading at the Dalian Commodity Exchange (DCE). The most active iron ore contract for September 2024 delivery gained 11.5 yuan (about 1.61 U.S. dollars) to close at 779 yuan per tonne. On Friday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 550,086 lots, with a turnover of 42.56 billion yuan. As the world’s largest importer of iron ore, China opened the DCE iron ore futures to international investors in May 2018.
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