Iron ore prices rise amid positive expectations for China next stimulus measures, uptick in crude steel output

Seaborne iron ore prices edged up on Thursday, December 7, amid positive market sentiment and elevated crude steel output, sources told Fastmarkets.

Key drivers

The most-traded May iron ore futures contract on the Dalian Commodity Exchange (DCE) tracked up to end at 952 yuan ($133) per tonne on Thursday, up by 1.3%...

Published

Alice Li

December 07, 2023

12:17 GMT

Singapore