Benchmark iron ore futures on China's Dalian Commodity Exchange recovered from four consecutive sessions of losses on Tuesday, gaining over 1% on falling shipments from major suppliers.
The most-traded iron ore contract on the Dalian exchange , for January delivery rose 1.1% to 714 yuan per tonne as of 0215 GMT.
Spot prices of iron ore with 62% iron content for delivery to China , compiled by SteelHome consultancy, were unchanged at $123 per tonne on Monday from the previous session.Coking coal jumped 3% to 3,807 yuan a tonne, and coke futures surged 7.1% to 4,502 yuan per tonne. Steel rebar on the Shanghai Futures Exchange , used in construction sectors, inched up 0.5% to 5,449 yuan a tonne.Shanghai stainless steel futures fell 0.7% to 20,700 yuan a tonne.More from ReutersSubscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.
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