Dalian: Iron ore futures closed lower on Monday during daytime trading at the Dalian Commodity Exchange (DCE). The most active iron ore contract for January 2025 delivery decreased by 22.5 yuan (approximately 3.13 U.S. dollars) to settle at 762 yuan per tonne.According to Namibia Press Agency, the total trading volume on Monday for the 11 listed iron ore futures contracts on the exchange reached 489,463 lots, with a turnover amounting to approximately 37.35 billion yuan. China, being the largest importer of iron ore globally, opened the DCE iron ore futures to international investors in May 2018.