Major steel and raw material futures prices in China – January 21, 2025 

Product 

Closing price 

Closing price
(USD)

Daily change (%) 

Rebar at Shanghai Futures Exchange 

RMB 3,354/mt 

$468/mt

          -0.27

HRC at Shanghai Futures Exchange 

RMB 3,468/mt 

$484/mt

-0.26

Iron ore at Dalian Commodity Exchange 

RMB 804,5/mt

$112/mt

+0.56