Iron ore futures close higher

DALIAN, March 22 (Xinhua) --iron ore futures closed higher on Friday at the Dalian Commodity Exchange (DCE).

The most active iron ore contract for May delivery gained 3 yuan (about 0.45 U.S. dollars) to close at 615.5 yuan per tonne.

On Friday, the total trading volume of 10 listed iron ore futures contracts on the exchange was 1,413,120 lots with a turnover of 84.93 billion yuan.

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