This Friday, gold ore futures Iron fell slightly. Traders close their positions before Lunar New Year holidays in China, which last for one week and for where demand is expected to drop considerably.

The May iron ore futures contract, the most traded on the Dalian Commodity Exchange (DCE) in China, was down by 1.51% to 752.5 yuan (108.97 dollars) per ton at 03:22 GMT. This contract has lost 1.63% since the start of the week.

The reference iron ore contract for Delivery in March on the Singapore Stock Exchange was trading down by 1.24% at 98.35 dollars per ton.

The contract has lost 0.7% since the start of the week.

Other steel-making ingredients on the DCE have evolved in different directions, with coking coal decreasing by 0.36% and coke increasing by 0.87%.

Most steel benchmarks Shanghai futures markets rose.

The price of bars of reinforcement increased by 0.2%, that of hot-rolled coils by 0.06% and that of stainless steel by 0.12%. On the other hand, that of wire rod has dropped by 2.24%