9,226.86 TRY BIST 100 BIST 100
4.78 CNY CNY CNY
34.38 USD USD USD
36.47 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
42.75 TRY Interest Interest
72.08 USD Fossil Oil Fossil Oil
33.53 USD Silver Silver
4.12 USD Copper Copper
101.57 USD Iron Ore Iron Ore
375.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,880.53 TRY Gold (gr) Gold (gr)

Iron ore prices rise

Iron ore futures prices in China rose as steps taken to revive the weak economy in the country, the world's largest steel producer, revived the demand outlook.

Iron ore prices rise

Iron ore futures prices in China extended their gains on demand hopes.

Expectations that China will step up policy steps after loosening some of its strict coronavirus restrictions and providing support to the struggling construction sector have fueled appetite.

The most heavily traded contract on the Dalian commodity exchange, the quarry iron ore futures contract rose 3.3 percent to 753.50 yuan ($105.76) a tonne after hitting 757.50 yuan on the day, its highest level since August 1. closed.

December delivery iron ore futures traded on the Singapore commodity exchange rose 2.1 percent to
$98.95 per tonne.

On the Shanghai futures exchange, rebar rose 0.3 percent and hot rolled steel (HRC) coil 0.8 percent

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

China stimulus announcement not enough to stop fall in iron ore futures

Tuesday, November 12, 2024

Türkiye's iron ore imports up 26.1% in January-September period

Wednesday, November 13, 2024

China's iron ore imports increased by 4.9% in January-October

Thursday, November 7, 2024

Japanese conglomerate Itochu strengthens Brazilian iron ore investment with CSN Mineraçao stake

Friday, November 8, 2024

Iranian steel industry faces critical challenges amid rising sponge iron prices

Thursday, October 31, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now