Iron ore prices increased last Friday, even as China maintained its September Loan Prime Rate (LPR). The rebound follows a decline in iron ore stockpiles at Chinese ports, which have dropped for four consecutive weeks, signaling a potential easing of oversupply. Futures rose 4.2% to $100.20 per ton in Singapore, reflecting optimism among traders despite ongoing uncertainties in China's steel sector due to a struggling property market and fluctuating production levels.