THE WIRE

China’s iron ore futures surge on expectation of more policy easing

China’s iron ore and other ferrous commodity futures rallied on Friday on expectation of more policy easing. The most-traded iron ore futures contract on the Dalian Commodity Exchange, for September delivery, surges by more than 5% to hit 869.5 yuan per tonne before closing the morning session on Friday at 864 yuan per tonne.

Top