Iron ore futures close higher-Xinhua

Iron ore futures close higher

Source: Xinhua

Editor: huaxia

2025-07-16 16:42:00

DALIAN, July 16 (Xinhua) -- Iron ore futures closed higher on Wednesday in daytime trading at the Dalian Commodity Exchange (DCE).

The most active iron ore contract for September 2025 delivery gained 8 yuan (about 1.12 U.S. dollars) to close at 773 yuan per tonne.

On Wednesday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 539,725 lots, with a turnover of about 41.29 billion yuan.

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