-
Iron ore rises on China restocking demand
Prices of iron ore futures rose on Monday, supported by strong restocking demand from steel mills in China amid healthy profit margins and low inventories, although expectations of production cuts in northern China capped the gains. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) traded 0.51% higher at 794 yuan ($110.55) a metric ton, as of 0254 GMT. The benchmark September iron ore on the Singapore Exchange was 1.27% higher at $103.4 a ton. Healthy margins and low inventories have led steel mills to restock, contributing to higher iron ore demand, though futures pared some ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From brecorder.com | Aug 11, 2025
Copper futures climbed on Monday to hit their highest in more than a week, aided by a softer dollar and China demand hopes, even though supply concerns eased after Codelco got the nod to restart operations at the El Teniente mine in Chile. The most-traded copper contract on the Shanghai Futures Exchange closed morning trade 0.75% higher at 79,010 yuan ...
China is worried about its shortage of soybeans. Our great farmers produce the most robust soybeans. I hope China will quickly quadruple its soybean orders. This is also a way of substantially reducing China’s Trade Deficit with the USA. Rapid service will be provided. Thank you President XI.
Trump Signs Executive Order Extending China Deadline By 90 Days – CNBC Citing Official - New Deadline Sunday 9th November
