Iron ore futures track second weekly gain as freight surges
Iron ore futures rose as freight costs surged and major Chinese ports destocked, putting the January DCE most-traded contract on track for a second straight weekly gain.
By Emily Ou YongIron ore futures rose on Friday, driven by a surge in freight costs and destocking at major ports in top buyer China, putting the contract on track for a second straight weekly gain.The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) COMEX:TIO1! was…