Futures contracts on iron ore by Dalian struggled to find direction on Wednesday. Les operators estimate a likely increase in molten metal production Faced with a general feeling of weakness due to the slowdown in demand final.

The May iron ore futures contract, the most traded on the Dalian Commodity Exchange (DCE) in China, remained stable at 784 yuan ($113.01) per ton at 3:26am GMT. The reference contract on March iron ore on the Singapore Stock Exchange rose by 0.98% to 10.3% dollars per ton.

While the production of molten metals should Increase from week to week, the replenishment of the steel mills was temporarily interrupted, Shanghai Metals Market said in a note.

Most steel benchmarks Shanghai futures markets rose.

The price of rebar increased by 0.29%, that of hot-rolled coils by 0.46% and that of wire rod by 1.73%. On the other hand, that of stainless steel fell by 0.32%.