DCE: Iron ore closes slightly lower this Friday.

In the evening session this Friday (27), the May contract of iron ore in Dalian Exchange (DCE) It ended slightly lower by 0.49%, at 812 yuan (US$117.49) per ton. On the other hand, the futures contract for the steelmaking ingredient accumulated a gain of 0.12% for the week. 

In this trading session, prices for industrial raw materials were pressured after investors were relieved by the supply of… Australiaafter the passage of Tropical Cyclone Narelle not to cause damage to the country's port infrastructure.

By limiting further losses, the Shanghai Metals Market reported that pig iron production In China, production increased by 15,000 tons this week compared to the previous week.

This text was translated by machine from Brazilian Portuguese.