Iron Ore Hits One-Month High as Chinese Equities Rally
Iron ore rose for a second straight session on Thursday, reaching a one-month high. The most-traded Dalian contract gained 1.55% to 689.5 yuan.
Iron ore prices rose for a second straight session on Thursday, reaching a one-month high as a sharp rally in Chinese equities and improving steel margins boosted investor sentiment.The most-traded iron ore contract on China's Dalian Commodity Exchange (DCE) COMEX:TIO1! gained 1.55% to 689.5 yuan…