Mining

Iron ore price up as China vows to step up economic support

(Image: Pixabay)

The iron ore price rose on Friday fuelled by demand hopes as Beijing pledged to step up policy support to stabilize the economy.

At a Politburo meeting chaired by President Xi Jinping on Friday, Xi said China would adopt a package of policies to help pandemic-hit industries, stepping up infrastructure construction and back healthy development of the property market. 

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