Supply issues and relaxation of COVID restrictions in China raise Dalian iron ore


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“. concat(self. i18n. t(‘search. voice. recognition_retry’), “ By Enrico Dela Cruz (Reuters) – Chinese iron ore futures rose on Monday, buoyed by problems of origin and declining port stocks of the metal ingredient, while the easing of some COVID-19 restrictions at the world’s largest metal maker also boosted traders’ confidence. The maximum iron ore contract traded in September on China’s Dalian Commodity Exchange ended the morning up 1. 1% at 812. 50 yuan ($119. 64) a tonne, recovering from its biggest weekly loss in just about three months on Friday. However, on the Singapore Stock Exchange, June’s maximum active contract...