Major steel and raw material futures prices in China – January 3, 2025 

Product 

Closing price 

Closing price
(USD)

Daily change (%) 

Rebar at Shanghai Futures Exchange 

RMB 3,272/mt 

$455/mt

-1.18

HRC at Shanghai Futures Exchange 

RMB 3,377/mt 

$470/mt

-1.32

Iron ore at Dalian Commodity Exchange 

RMB 764/mt

$106/mt

-2.18