Iron ore proxies climbed on Wednesday as China's import resilience offset weaker steel output. Vale, CSN Mineração and Rio Tinto all gained.

Iron ore proxies climbed on Wednesday as China's import resilience offset weaker steel output. Vale, CSN Mineração and Rio Tinto all gained.

Iron ore steadied near US$95 on Thursday; Vale's US shares rose 2.37% while CSN Mineração fell. China's steel output is up but demand remains weak.