Futures prices of steelmaking ingredients in China rose on Monday, with iron ore jumping more than 4% and coke scaling a 12-month high, on strong demand as the world’s top steel producer continues to ramp up output.

The most-traded iron ore contract for September delivery on China’s Dalian Commodity Exchange rose as much as 4.3% to 873.50 yuan ($125.24) a tonne in early trade.