Major steel and raw material futures prices in China – January 22, 2025 

Product 

Closing price 

Closing price
(USD)

Daily change (%) 

Rebar at Shanghai Futures Exchange 

RMB 3,337/mt 

$465/mt

          -0.77

HRC at Shanghai Futures Exchange 

RMB 3,450/mt 

$481/mt

-0.72

Iron ore at Dalian Commodity Exchange 

RMB 800,5/mt

$112/mt

-0.44