Iron Ore Edges Higher as Freight Costs Rebound and Supply Risks Persist
Iron ore futures edged higher, supported by a rebound in freight costs and expectations of short-term supply disruptions. Weak underlying demand limited gains.
Iron ore futures posted a modest gain on Wednesday, helped by recovering freight costs and expectations of near-term supply disruptions. Weak underlying demand, however, constrained the advance. The most actively traded January iron ore contract on China's Dalian Commodity Exchange (DCE) rose…