China's iron ore futures prices have seen some improvement last week. But in the domestic market, the price of ingot, old scrap and billet has fallen by about 500 last week. The weekly trading range of ingot is 42000-44000. TMT prices are expected to remain stable today in various areas of steel's secondary market Mandi Govindgarh, Delhi, Gujarat, Raipur, Raigarh, Durgapur, Jalana and Rourkela. According to market experts, the trend of ingot is currently rangebound, where some recovery can be seen from the lower level.