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Iron ore consolidates ahead of China’s annual parliamentary meeting
Iron ore prices moved in a tight range on Wednesday, as investors and traders exercised caution with eyes on the upcoming annual parliamentary meeting in the world’s second-largest economy starting on March 5. The most-traded iron ore contract on China’s Dalian Commodity Exchange (DCE) erased earlier gains to slide 0.33% to 746.5 yuan ($107.86) a metric ton as of 0153 GMT. The benchmark April iron ore on the Singapore Exchange was down 0.67% at $98.35 a ton, as of 0143 GMT. Investors were closely monitoring cues for China’s macro economic and industrial policy trend to gauge the demand outlook for steel and its ... (full story)
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China’s ceremonial legislature is set to meet Thursday, where it will unveil the country’s policy direction and economic goals for the coming years. The meeting is held in Beijing, where the National People’s Congress and its advisory body gather. The National People’s Congress will ratify new laws decided by China’s Communist Party leadership. While the ...
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From brecorder.com | Mar 4, 2026
Copper prices rebounded from two sessions of losses on Wednesday on better-than-expected private factory data from top metals consumer China. Aluminium prices extended gains to the highest in over a month on supply worries from the widening war in the Middle East, a key producer of the metal. Benchmark three-month copper on the London Metal Exchange gained ...
