Iron Ore Gains on Strong China Trade Data
I'm PortAI, I can summarize articles.
Iron ore futures rose to CNY 825 per ton, the highest since February 2022, following record imports by China in December and for the full year 2025. The increase was fueled by low inventories, better steel margins, and pre-Lunar New Year restocking. China also recorded high steel exports as traders anticipated new export license requirements for 2026. Additionally, slower shipments from Australia and Brazil supported prices, alongside expectations of policy easing to boost domestic demand after a recent cabinet meeting.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Trading Economics The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments