Iron ore futures close higher

DALIAN, May 10 (Xinhua) -- Iron ore futures closed higher on Friday in daytime trading at the Dalian Commodity Exchange (DCE).

The most active iron ore contract for September 2024 delivery gained 3 yuan (about 42 U.S. cents) to close at 873.5 yuan per tonne.

On Friday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 490,216 lots, with a turnover of about 42.51 billion yuan.

As the world's largest importer of iron ore, China opened the DCE iron ore futures to international investors in May 2018.

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