Iron ore futures close lower

Dalian: Iron ore futures closed lower on Friday in daytime trading at the Dalian Commodity Exchange (DCE). The most active iron ore contract for January 2025 delivery dipped 2 yuan (about 28 U.S. cents) to close at 694 yuan per tonne. On Friday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 561,290 lots, with a turnover of about 39.54 billion yuan. As the world's largest importer of iron ore, China opened the DCE iron ore futures to international investors in May 2018. Enditem Source: The Namibia News Agency