Ferrous ore, metals peak as demand rises


Dalian iron ore futures hit an eight-month high on Friday, driven by favourable fundamentals and optimism about future steel demand.

The most-traded May iron ore futures contract on the Dalian Commodity Exchange (DCE) ended daytime trade 1.04% higher at 919 yuan ($133.15) a tonne, a peak since July 2022.

On the Singapore...