Major steel and raw material futures prices in China – January 24, 2025 

Product 

Closing price 

Closing price
(USD)

Daily change (%) 

Rebar at Shanghai Futures Exchange 

RMB 3,377/mt 

$471/mt

          +0.63

HRC at Shanghai Futures Exchange 

RMB 3,473/mt 

$484/mt

+0.35

Iron ore at Dalian Commodity Exchange 

RMB 806,5/mt

$112,5/mt

+0.69