Dalian: Iron ore futures closed lower on Thursday during daytime trading at the Dalian Commodity Exchange (DCE). The most active iron ore contract for September 2025 delivery saw a decrease of 4.5 yuan, approximately 63 U.S. cents, settling at 811 yuan per tonne.

According to Namibia Press Agency, the total trading volume for the 12 listed iron ore futures contracts on the exchange reached 594,131 lots on Thursday, with a turnover of about 47.7 billion yuan. China, being the largest importer of iron ore globally, opened the DCE iron ore futures to international investors back in May 2018, enabling broader participation in the market.