Iron ore prices rose this week, despite the overall weakness in the steel industry. Of late, China’s domestic steel market has cooled off because of the near-collapse of its property market and other policy-related issues. Iron Ore Market Movement HighlightsThe most-traded January iron ore contract on the Dalian Commodity Exchange rose 0.82% to $112.94 (¥803.5) per metric ton. Why Chinese Steel Export is Likely to be High in 2025Lower domestic demand allows Chinese steel companies to offer globally attractive rates. Strategic ImplicationsDespite tariffs imposed by some countries to block cheaper, “Made in China” steel, China’s export reliance and resilience continue to reshape global steel flows.