Chinese iron ore futures witnessed recovery last week as China announced stimulus measures, which led to a rise in steel prices. Accordingly, ingot prices in the domestic market have seen an increase last week, the weekly trading range of ingot is 42000-44000, TMT prices are expected to rise today also in various areas of steel's secondary market Mandi Govindgarh, Delhi, Gujarat, Raipur, Raigarh, Durgapur, Jalana and Rourkela. According to market experts, ingot is likely to trade on the rise this week.