DALIAN, March 26 (Xinhua) — Iron ore futures closed lower on Tuesday in daytime trading at the Dalian Commodity Exchange (DCE).
The most active iron ore contract for May 2024 delivery dipped 31.5 yuan (about 4.44 U.S. dollars) to close at 814.5 yuan per tonne.
On Tuesday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 743,418 lots, with a turnover of about 60.37 billion yuan.
As the world’s largest importer of iron ore, China opened the DCE iron ore futures to international investors in May 2018.