Due to growing concerns about the trade war, iron ore futures prices fell on Friday but are expected to see weekly gains as demand for this key steel-making ingredient strengthened in China, the main consumer country.

The most traded iron ore contract in May on the Chinese commodity exchange in Dalian (DCE) fell by 0.57% to 782.5 yuan (107.7 dollars) per metric ton, at 02:37 GMT. The contract has gained 2.96% since the start of the week. April's reference iron ore price on the Singapore Stock Exchange was down 0.52% to $102.95 per ton, gaining 3.14% this

The other steel-making ingredients on DCE faltered, with coking coal and coke falling by 1.4% and 1.26% respectively. Most of the steel benchmarks on the Shanghai Stock Exchange fell. Rebar lost 0.53%, hot-rolled coils fell by 0.3%, wire rod fell by nearly 0.2%, while stainless steel gained 0.56%