-
Iron ore slides as demand outlook blurs on weakening steel
Iron ore futures prices slid on Tuesday, as the production controls in the northern region of top consumer China for its military parade in early September and a weakening steel market blurred the demand outlook of the key steelmaking ingredient. The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) closed daytime trade 0.84% lower at 769.5 yuan ($107.14) a metric ton. The benchmark September iron ore on the Singapore Exchange was down 0.42% to $101 a ton, as of 0338 GMT. Both have fallen for a fifth straight session with a drop of around 3%. Some steel mills in China’s key steel ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From @FirstSquawk|Aug 19, 2025|11 commentsRussia's Strategic Bombers Flew Over the Sea of Japan, According to RIA News
From brecorder.com|Aug 19, 2025Gold prices were little changed on Tuesday as investors awaited the Federal Reserve’s annual conference this week for cues into possible rate cuts, and weighed Washington’s ...
From cnbc.com|Aug 19, 2025Sitao Xu, chief economist at Deloitte China, says he expects the US tariff rate to settle around 35% for China, which Beijing could be fine with. He also talks about internal ...
-
- Newer Stories
From dailyforex.com|Aug 19, 2025The silver has gone back and forth during the trading session here on Monday. As we continue to see the markets hang about this same range that we've been in for a couple of ...
From miningweekly.com|Aug 19, 2025UBS on Monday raised its gold target price for end-March 2026 by $100 to $3 600 per ounce as persistent US macroeconomic risks, de-dollarization trends, and strong investment ...
From zawya.com|Aug 19, 2025|1 commentAs U.S. debt swells and the White House leans on the Federal Reserve to cut interest rates, investors are weighing the risk of "fiscal dominance," a scenario where keeping ...
- Story Stats
- Aug 19, 2025 4:06am Posted byFundamental Analysis287
