SINGAPORE (Reuters) - Dalian iron ore futures logged a weekly fall on Friday, despite snapping a nine-session losing streak on the day, weighed down by reports of steel production cuts in China and an intensifying trade war between Washington and Beijing.
The most-traded May iron ore contract on China's Dalian Commodity Exchange (DCE) added 0.19% to 774 yuan ($106.81) a metric ton. The contract fell 3.49% this week.
The benchmark April iron ore on the Singapore Exchange was 0.04% higher at $100.4 a ton, losing 1.99% so far this week as of 0712 GMT.
Beijing's efforts to support economic growth buoyed sentiment in commodity markets, said ANZ analysts.
China unlocked more fiscal stimulus on Wednesday, vowing greater efforts to support consumption and boost domestic demand.
