-
Iron-ore at three-week low as shrinking steel margins, slow demand weigh
Iron-ore futures prices slid to their lowest in nearly three weeks on Thursday, pressured by shrinking steel margins and faltering demand following the completion of pre-holiday restocking in top consumer China. The most-traded iron-ore contract on China's Dalian Commodity Exchange (DCE) slipped 1.29% to 805 yuan ($116.88) a metric ton, after touching its lowest since March 12 at 793.5 yuan earlier in the session. The benchmark May iron-ore on the Singapore Exchange was 0.71% lower at $105.55 a ton as of 0703. It hit its lowest since March 16 at $104.50 earlier. Sentiment in global metal markets soured after US ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From bankofengland.co.uk|Apr 2, 2026The March 2026 DMP survey was conducted between 6-20 March 2026 and received 2,004 responses. Firms reported that their realised annual own-price growth was 3.7% in the three ...
From @financialjuice|Apr 2, 2026ECB's Panetta: Leading indicators, in particular the decline in household confidence, point to a possible slowdown in the real economy ECB's Panetta: Tensions in energy markets are a cause for concern not only for the immediate impact on inflation and growth, but also for financial stability ECB's Panetta: Pre-existing vulnerabilities could become channels through which shocks are amplified ECB's Panetta: Non-bank financial intermediaries in some sectors show levels of leverage and liquidity that could prove inadequate during periods of acute stress ECB's Panetta: Rise in value of Dollar and pressure on long-term interest rates and capital outflows from emerging markets reflects a growing preference for safer assets
From @financialjuice|Apr 2, 2026ECB's Simkus: Too early to say what we'll need to do in April. ECB's Simkus: Caution needed on rates as situation is changing.
-
- Newer Stories
From dailyforex.com|Apr 2, 2026The silver market fell to kick off the session on Wednesday, only to turn around and show signs of strength. The silver market initially fell during the trading session on ...
From bnnbloomberg.ca|Apr 2, 2026Alberta is sitting on one of the largest lithium resources in the world. The challenge now is proving it can actually be produced. The province’s rich lithium discovery is not ...
From aswathdamodaran.blogspot.com|Apr 2, 2026Markets play an expectations game, and in March 2026, we saw the process play out, with all of its upsides and downsides. The month started with a war in the Middle East, which ...
- Story Stats
- Apr 2, 2026 3:37am Posted byFundamental Analysis192
- Instrument:
