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)