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Dalian iron ore hits five-month low as China plans to regulate steel exports
Prices of Dalian iron ore fell on Monday to hit their lowest level in more than five months, as top consumer China’s plan to roll out a licence system from 2026 to regulate steel exports cast a shadow on demand prospects. The most-traded iron ore contract on China’s Dalian Commodity Exchange (DCE) closed morning trade 1.05% lower at 754 yuan ($106.95) a metric ton. It touched its lowest level since July 10 at 748 yuan earlier in the session.The benchmark January iron ore on the Singapore Exchange fell 0.76% to $101.2 a ton by 0330 GMT. The contract earlier hit an intraday low of $100.4, close to Friday’s low of ... (full story)
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- Dec 15, 2025 5:55am Posted byFundamental Analysis249
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