Iron ore slumps to three-week low on weak China demand, strong global supply

Capt. John

Iron ore futures prices slumped to a nearly three-week low on Wednesday, undermined by weak seasonal demand from top consumer China and mounting global supply. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade nearly 2.7% lower at 805 yuan...

https://www.hellenicshippingnews.com/iron-ore-slumps-to-three-week-low-on-weak-china-demand-strong-global-supply/

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