Iron ore futures moved toward CNY 710 per ton after data showed China’s manufacturing sector returned to growth in September, improving the demand outlook in the world’s largest metals consumer. China has also introduced measures to channel lower-cost credit into infrastructure and technology while expanding support for homebuyers. Trading activity and economic data are expected to weaken during the weeklong National Day holiday. Gains remain constrained by softer steel demand and worsening mill profitability, with the China Iron and Steel Association urging producers to reduce output and inventories to protect margins and limit excess supply.