Major steel and raw material futures prices in China – January 23, 2025 

Product 

Closing price 

Closing price
(USD)

Daily change (%) 

Rebar at Shanghai Futures Exchange 

RMB 3,352/mt 

$465/mt

          +0.57

HRC at Shanghai Futures Exchange 

RMB 3,457/mt 

$481/mt

+0.46

Iron ore at Dalian Commodity Exchange 

RMB 801,5/mt

$112/mt

+0.44