Iron ore, steel benchmarks up as coal depreciates

19.12.2022

Dalian iron ore was bound for a third straight weekly rise on Friday on optimism over China’s economic recovery prospects in 2023, with traders largely brushing aside a wave of local COVID-19 infections.

The steelmaking ingredient’s most-traded May contract on China’s Dalian Commodity Exchange ended daytime trade 0.5% higher at 821...