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.