Iron ore, steel, coal appreciate on China demand hopes

09.12.2022

Iron ore futures rebounded on Thursday as higher imports into China suggested improving demand, with easing COVID restrictions in the country boosting hopes for a rise in consumption.

The most-traded May iron ore contract on China’s Dalian Commodity Exchange advanced 1.4% to 790 yuan ($113.37) a tonne.

Dalian iron ore prices have...