China iron ore, steel prices rise ahead of peak construction season.

Byline: S. Kamal Hayder Kazmi

China's iron ore futures on Wednesday recovered from a three-week low hit in the previous session, as demand from steel mills continued to pick up ahead of the peak spring construction season.

The most traded iron ore contract on the Dalian Commodity Exchange, for May delivery, was up 0.8 percent at 598 yuan ($89.42) a tonne as of 0215 GMT. The contract had shed 3.2 percent on...

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