Iron-ore edges higher on firmer steel output, but Trump tariff pledge weighs on market
Iron-ore futures ticked up on Tuesday for a second straight session, buoyed by stronger global steel production, although US President-elect Donald Trump's pledge to implement new tariffs when he takes office limited gains. The most-traded January iron-ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 traded 0.77% higher at 786.5 yuan ($108.41) a metric ton, as of 0240 GMT.