The Ukrainian Metal

Iron ore futures open lower

Iron ore futures opened lower Friday in daytime trading on the Dalian Commodity Exchange (DCE).

The most active iron ore contract for January 2020 delivery dipped 6 yuan (about 85 U.S. cents) to open at 620 yuan per tonne.

As the world's largest importer of iron ore, China opened the DCE iron ore futures to international investors in May 2018.

(Ukrainian metal)

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