Dalian: Iron ore futures closed higher on Wednesday during daytime trading at the Dalian Commodity Exchange (DCE). The most active iron ore contract for September 2025 delivery saw an increase of 5 yuan, approximately 70 U.S. cents, closing at 736.5 yuan per tonne.

According to Namibia Press Agency, the total trading volume for the day encompassed 11 listed iron ore futures contracts, reaching 337,831 lots with a turnover of about 24.69 billion yuan. Since opening its iron ore futures to international investors in May 2018, China remains the world's largest importer of iron ore, indicating the global significance of these trading activities.