First of all, war will disrupt the normal market order and lead to fluctuations in the economic market, which may include the rise in iron ore prices. Secondly, the war may destroy the supply chain of iron ore, leading to a shortage of supply, thus pushing up the price. In addition, during the war, for safety reasons, it may affect the mining and transportation of iron ore and further affect its price.
However, the change of specific iron ore price will be influenced by many other factors, such as market demand, the price of substitutes, transportation costs, availability of substitutes and so on. Therefore, although the war may have an impact on iron ore prices, more factors need to be considered in the specific direction and degree of change.