Mysteel

@MysteelGlobal

Major ferrous commodities in China's derivatives markets rose on November 19, following positive market sentiment after a press conference by the National Development and Reform Commission (NDRC) on the macroeconomic outlook. Iron ore futures led the gains, with the most-traded iron ore contract for January 2025 delivery on the Dalian Commodity Exchange up 3.1%. Other commodities like rebar, metallurgical coke, and coking coal also recorded gains. China's economic performance showed positive signs, with sales of newly built and previously owned homes rising by 3.9% year-on-year in October, marking the first positive growth in eight months. Read in full: https://t.co/XyoaLuH8CK https://t.co/n0GneCH4jS https://t.co/PXykcvNO1R.

2024-11-22

Mysteel

@MysteelGlobal

Major ferrous commodities in China's derivatives markets rose on November 19, following positive market sentiment after a press conference by the National Development and Reform Commission (NDRC) on the macroeconomic outlook. Iron ore futures led the gains, with the most-traded iron ore contract for January 2025 delivery on the Dalian Commodity Exchange up 3.1%. Other commodities like rebar, metallurgical coke, and coking coal also recorded gains. China's economic performance showed positive signs, with sales of newly built and previously owned homes rising by 3.9% year-on-year in October, marking the first positive growth in eight months. Read in full: https://t.co/XyoaLuH8CK https://t.co/n0GneCH4jS https://t.co/PXykcvNO1R.

2024-11-22

Mysteel

@MysteelGlobal

Major ferrous commodities in China's derivatives markets rose on November 19, following positive market sentiment after a press conference by the National Development and Reform Commission (NDRC) on the macroeconomic outlook. Iron ore futures led the gains, with the most-traded iron ore contract for January 2025 delivery on the Dalian Commodity Exchange up 3.1%. Other commodities like rebar, metallurgical coke, and coking coal also recorded gains. China's economic performance showed positive signs, with sales of newly built and previously owned homes rising by 3.9% year-on-year in October, marking the first positive growth in eight months. Read in full: https://t.co/XyoaLuH8CK https://t.co/n0GneCH4jS https://t.co/PXykcvNO1R.

2024-11-22