Iron Ore Futures Rise 1.36% on Dalian as Pre-Holiday Restocking Boosts Demand

Iron ore futures on the Dalian Exchange rose 1.36% to 744.5 yuan/ton, driven by expectations of short-term demand improvement as steel mills restock ahead of the holiday. Analysts note stabilizing steel production and rising iron ore consumption, but weak steel mill margins may limit the strength of the recovery. The move signals a modest positive for commodity demand, though sustainability is uncertain.