Iron ore futures in China rose in a row on Thursday on the possibility of additional measures by the country's government. The hope that the China's government will provide incentive policies also had a positive impact on iron ore.
DCIOcv1, the most traded iron ore on the Dalian Commodity Exchange, rose 1.6% in daytime trading, reaching 837 yuan ($114.71) per tonne. Additionally, coking coal DJMcv1 and coke DCJcv1 increased by 0.6%.
The November contract on SZZFX3 on the Singapore Exchange was up 1.8% at $114.55 per metric tonne by 0710 GMT.
The Shanghai Futures Exchange was also on the rise. Rebar SRBcv1 increased by 0.3%, hot rolled coil SHHCcv1 increased by 0.4% and stainless steel SHSScv1 increased by 1.6%.
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