Dalian: Iron ore futures experienced an uptick on Friday during daytime trading at the Dalian Commodity Exchange (DCE). The most actively traded iron ore contract, set for September 2025 delivery, rose by 3 yuan, equivalent to approximately 42 U.S. cents, closing at 785 yuan per tonne.

According to Namibia Press Agency, Friday's trading session witnessed substantial activity, with the total trading volume reaching 680,055 lots across 12 listed iron ore futures contracts. This resulted in a significant turnover, amounting to about 53.44 billion yuan. China, being the world's largest iron ore importer, has allowed international investors to participate in the DCE iron ore futures since May 2018, reflecting the global significance of these trades.