Dalian: Iron ore futures closed higher on Tuesday in daytime trading at the Dalian Commodity Exchange (DCE). The most active iron ore contract for September 2025 delivery gained 5 yuan (about 70 U.S. cents) to close at 798 yuan per tonne.

According to Namibia Press Agency, the total trading volume on Tuesday for the 12 listed iron ore futures contracts on the exchange reached 527,951 lots, with a turnover of about 41.32 billion yuan. As the world's largest importer of iron ore, China opened the DCE iron ore futures to international investors in May 2018.