DCE iron ore futures rose by 2.9% today, the main contract closed at 745.5.The traders' willingness to ship is general.The steel mills are not active to purchase.The overall trading sentiment of the market is general.

Factors that have slowed global trade include tighter monetary policy, reduced fiscal support, and a recovery in the services sector, which contributes less to trade than the goods sector, Fitch said.

SHANGHAI, Jun 2 (SMM) – HRC futures extended its rally today, closing up 2.68% at 3,722 yuan/mt.

Crude oil has risen for two consecutive days. As of 15:05 CST today, WTI oil and Brent oil rose 1.13% and 1.18% respectively.

According to foreign media reports on June 1, the epic commodity bull market starting three years ago has witnessed commodity prices hitting decades-highs.

SHANGHAI, Jun 2 (SMM) – The table below shows SHFE base metals and stainless steel warrants today June 2 and their changes from the previous day.

SHANGHAI, Jun 2 (SMM) – This Thursday, mainstream steel mills in Shandong and Shanxi lowered coke purchase prices, marking the tenth round of price cuts.

SHANGHAI, Jun 2 (SMM) –HRC futures closed up 3.01% at 3,664 yuan/mt yesterday, buoyed by macro tailwinds in China and overseas.