China’s state planner vowed again to step up regulation on iron ore market, futures fell 15% in Feb.

2022-03-01 2022-07-25

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China's top economic planner reiterated on Monday that it will step up daily supervision of spot and futures markets for iron ore in a bid to stabilize market prices in view of recent price hikes.

The National Development and Reform Commission (NDRC) and the State Administration for Market Regulation recently visited the Dalian Commodity Exchange to carry out a joint investigation, said the NDRC in a statement on Monday.

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