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Prices of iron ore futures in China extended their gains on demand hopes.
Expectations that China will step up policy measures after easing some of its tough coronavirus restrictions and providing support to the struggling construction sector stoked appetite.
The most heavily traded contract on the Dalian Commodity Exchange, quarried iron ore futures contract rose 3.3% to 753.50 yuan ($105.76) per ton after hitting 757.50 yuan in day, the highest level since the August 1 close.
Iron ore futures for December delivery traded on the Singapore Commodity Exchange rose 2.1% to a ton.
it rose to $98.95 per capita.
Reinforced steel 0.3%, hot rolled steel (HRC) coil 0.8% on Shanghai Futures Exchange
rose.
Stainless steel, on the other hand, fell by 0.8%.
Dalian coke futures prices fell 2.1% and coke futures prices fell 1.2%.