{"id":135093,"date":"2025-11-12T03:11:08","date_gmt":"2025-11-12T03:11:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/135093\/"},"modified":"2025-11-12T03:11:08","modified_gmt":"2025-11-12T03:11:08","slug":"iron-ore-gains-as-china-stimulus-hopes-dominate-tradingview-news","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/135093\/","title":{"rendered":"Iron ore gains as China stimulus hopes dominate \u2014 TradingView News"},"content":{"rendered":"<p class=\"\">    Iron ore futures prices gained on Wednesday, as hopes of fresh stimulus from top consumer China outweighed concerns over a gloomy outlook stemming from growing supply and diminishing demand.      <\/p>\n<p class=\"\">The most-traded January iron ore contract on China&#8217;s Dalian Commodity Exchange (DCE) <a href=\"https:\/\/www.tradingview.com\/symbols\/COMEX-TIO1!\/\" class=\"container-ekXxv5Y5 symbolTag-cwMMKgmm tag-zVPYJd3B xsmall-zVPYJd3B interactive-zVPYJd3B apply-overflow-tooltip apply-overflow-tooltip--allow-text apply-overflow-tooltip--check-children\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" class=\"logo-PsAlMQQF xxxsmall-PsAlMQQF wrapper-TJ9ObuLF skeleton-PsAlMQQF\" crossorigin=\"\" src=\"https:\/\/s3-symbol-logo.tradingview.com\/metal\/iron.svg\" alt=\"\"\/>TIO1!<\/a> rose 1.18% to 772.5 yuan ($108.45) a metric ton, as of 0209 GMT, its highest since November 7.<\/p>\n<p class=\"\">The benchmark December iron ore (SZZFZ5) on the Singapore Exchange was up 0.97% at $102.5 a ton, as of 0159 GMT. <\/p>\n<p class=\"\">Hopes of more stimulus revived after China&#8217;s central bank said on Tuesday it would maintain &#8220;appropriately loose&#8221; monetary policy, keep liquidity ample while improving its policy transmission, as the economy still faces risks and challenges.<\/p>\n<p class=\"\">The positive policy signal came after October exports in the world&#8217;s second-largest economy suffered the worst downturn since February as tariffs hammered U.S. demand.   <\/p>\n<p class=\"\">The price gains of the key steelmaking ingredient defied analysts&#8217; expectations as the giant Simandou project in Guinea commenced production, cementing prospects of rising supply, which coincides with faltering China demand, weighing on price outlook.     <\/p>\n<p class=\"\">Coking coal NYMEX:ACT1! and coke (DCJcv1), other steelmaking ingredients, slipped 1.61% and 1.66%, respectively.    <\/p>\n<p class=\"\">Steel benchmarks on the Shanghai Futures Exchange moved sideways. Rebar <a href=\"https:\/\/www.tradingview.com\/symbols\/SGX-RBF1!\/\" class=\"container-ekXxv5Y5 symbolTag-cwMMKgmm tag-zVPYJd3B xsmall-zVPYJd3B interactive-zVPYJd3B apply-overflow-tooltip apply-overflow-tooltip--allow-text apply-overflow-tooltip--check-children\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" class=\"logo-PsAlMQQF xxxsmall-PsAlMQQF wrapper-TJ9ObuLF skeleton-PsAlMQQF\" crossorigin=\"\" src=\"https:\/\/s3-symbol-logo.tradingview.com\/metal\/steel.svg\" alt=\"\"\/>RBF1!<\/a> added 0.33%, hot-rolled coil <a href=\"https:\/\/www.tradingview.com\/symbols\/COMEX-EHR1!\/\" class=\"container-ekXxv5Y5 symbolTag-cwMMKgmm tag-zVPYJd3B xsmall-zVPYJd3B interactive-zVPYJd3B apply-overflow-tooltip apply-overflow-tooltip--allow-text apply-overflow-tooltip--check-children\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" class=\"logo-PsAlMQQF xxxsmall-PsAlMQQF wrapper-TJ9ObuLF skeleton-PsAlMQQF\" crossorigin=\"\" src=\"https:\/\/s3-symbol-logo.tradingview.com\/metal\/steel.svg\" alt=\"\"\/>EHR1!<\/a> ticked up 0.37% while wire rod (SWRcv1) inched down 0.06% and stainless steel <a href=\"https:\/\/www.tradingview.com\/symbols\/COMEX-HRC1!\/\" class=\"container-ekXxv5Y5 symbolTag-cwMMKgmm tag-zVPYJd3B xsmall-zVPYJd3B interactive-zVPYJd3B apply-overflow-tooltip apply-overflow-tooltip--allow-text apply-overflow-tooltip--check-children\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" class=\"logo-PsAlMQQF xxxsmall-PsAlMQQF wrapper-TJ9ObuLF skeleton-PsAlMQQF\" crossorigin=\"\" src=\"https:\/\/s3-symbol-logo.tradingview.com\/commodity\/ferrous.svg\" alt=\"\"\/>HRC1!<\/a> lost 0.72%.<\/p>\n<p class=\"\">($1 = 7.1230 Chinese yuan)<\/p>\n","protected":false},"excerpt":{"rendered":"Iron ore futures prices gained on Wednesday, as hopes of fresh stimulus from top consumer China outweighed concerns&hellip;\n","protected":false},"author":2,"featured_media":88072,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":["post-135093","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/135093","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=135093"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/135093\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/88072"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=135093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=135093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=135093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}