As steel production restrictions have begun and on signs of slowing Chinese economic activity, spot iron ore prices hit a more than four-month low this week.

China Baowu has been trialling a low-carbon metallurgy technology at a previously idled 400-cubic-meter blast furnace in Xinjiang.

Iron ore price rose on Wednesday, after five straight sessions of losses, tracking steel futures as China's output curbs fuelled worries about supply.

Wood Mackenzie says aligning to a 2°C warming pathway in the steel industry would mean disruption to the iron ore and metallurgical coal markets.

Steel hub Tangshan will extend existing curbs to March 13 next year to ensure good air quality for the Beijing Winter Olympic Games in February.

Copper prices fell to their lowest in more than two weeks on Monday as a firm dollar and demand worries weighed on sentiment.

The London lead market took a walk on the wild side last week.