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Dalian iron ore hits seven-week low on concerns over China demand prospects
Dalian iron ore futures prices fell on Monday to their lowest in seven weeks, as a batch of downbeat data in top consumer China drove concerns over demand prospects for the key steelmaking ingredient. The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) closed morning trade 0.19% lower at 770 yuan ($108.08) a metric ton. It touched the lowest since September 1 at 762.50 yuan earlier in the session. The benchmark November iron ore on the Singapore Exchange was, however, 0.41% higher at $104.35 a ton, as of 0354 GMT, supported by a softer US currency which makes dollar-priced ... (full story)
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- Oct 20, 2025 2:44am Posted byFundamental Analysis228
