Iron Ore Nears Two-Week High as Chinese Steel Output Recovers
Iron ore futures climbed to their highest in nearly two weeks on Thursday, supported by rising hot metal output at Chinese steel mills and higher freight rates. Gains were tempered by production curbs in Hebei province.
By Emily Ou YongIron ore futures climbed to their highest in nearly 2 weeks on Thursday, supported by rising hot metal output at Chinese steel mills and higher freight rates, although gains were tempered by production curbs in Hebei province.The most-traded January iron ore contract on China's Dali…