Major steel and raw material futures prices in China – February 5, 2025 

Product 

Closing price 

Closing price
(USD)

Daily change (%) 

Rebar at Shanghai Futures Exchange 

RMB 3,320/mt 

$463/mt

                -1.51

HRC at Shanghai Futures Exchange 

RMB 3,416/mt 

$476/mt

-1.64

Iron ore at Dalian Commodity Exchange 

RMB 801/mt

$112/mt

-0.99