On Monday, iron ore futures prices rebounded. The revival of hopes for monetary easing in China, the largest consumer country, surpassed weak short-term demand and lackluster real estate data that had propelled prices to their lowest levels in a

The January reference price for iron ore on the Singapore Stock Exchange was up 0.92% to $104.85 per ton, at 07:12 GMT, after sliding to the lowest level since December 9 at 103.2 dollars per ton earlier. The most-traded iron ore contract in January on the Chinese commodity exchange of Dalian (DCE) a ended the day up 0.5% to 802.5 yuan (110.23 dollars) per metric ton. Other steel-making ingredients on DCE declined, with coking coal and coke falling by 2.74% and 2.24% respectively