Dalian iron ore futures rise.

China's iron ore futures edged higher on Wednesday, extending gains for a third straight day as traders assessed the disruption to supply following a fire at a Rio Tinto export terminal in Australia. Rio Tinto said on Monday it had declared force majeure on iron ore shipments to some customers following the fire at its Cape Lambert export terminal last week.

The most traded iron ore contract on the Dalian Commodity Exchange rose as much as 1.4 percent to 516 yuan ($76.22) a tonne...

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