Iron ore prices for 62% iron content cargoes rose above $106 per ton in mid-December, fueled by Beijing's commitment to strengthen economic support measures next year, improving demand prospects in the world's largest steel consumer.
Iron ore prices rise on China’s stimulus plans
The Politburo revealed that China will adopt a "moderately loose" monetary policy and a "more proactive" fiscal stimulus approach, marking a significant shift from the cautious stance of the past decade.
Investors eye China’s Economic Goals at central economic work conference
Investors are now focused on this week’s Central Economic Work Conference, which will outline China’s economic goals and priorities for 2025.
