Iron ore edged up after a three-day drop on speculation that steel demand in China may rebound seasonally, aiding demand and prices.
Futures of the steel-making staple hit a high of $103 a ton in early trading, after slumping more than 2% in the final three sessions of last week. That losing run came as Beijing reported steel output fell below 80 million tons to post its weakest performance for the month of July since 2017.