Iron Ore Futures Close Lower

DALIAN, Sept. 10 (Xinhua) — Iron ore futures closed lower on Tuesday in daytime trading at the Dalian Commodity Exchange (DCE). The most active iron ore contract for January 2025 delivery dipped 0.5 yuan (about 7 U.S. cents) to close at 675 yuan per tonne. On Tuesday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 668,358 lots, with a turnover of about 45.91 billion yuan. As the world’s largest importer of iron ore, China opened the DCE iron ore futures to international investors in May 2018.