The most active iron ore contract for May 2022 delivery gained 3 yuan (about 47 U.S. cents) to close at 703 yuan per tonne.
On Thursday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 981,807 lots, with a turnover of 68.69 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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