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Dalian iron ore firms on upbeat China factory activity data
Dalian iron ore futures rose for a second straight session on Thursday, as upbeat China factory activity data raised demand prospects in the world’s second-largest economy. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) was 0.51% higher at 787.5 yuan ($115.15) a metric ton, as of 0222 GMT. The contract has gained 0.19% so far this week. Markets in China will be closed from May 1 to 5 for holidays. The benchmark June iron ore on the Singapore Exchange was 0.06% lower at $106.35 a ton. The contract has gained 0.37% so far this week. China’s factory activity expanded for a ... (full story)
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From cnbc.com | Apr 29, 2026
China’s factory activity topped analysts’ expectations, although growth slowed from the prior month when it hit a year-high, as new orders saw a slowdown. The official manufacturing purchasing managers’ index reading of 50.3 was higher than the the 50.1 expected by Reuters-polled economists. A figure above 50 indicates expansion, while below shows a ...
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