Singapore iron ore is off around 5%, Dalian (China) off around6%.
Steel production in China is being restricted in Tangshen on pollution concerns. This is weighing on iron ore demand, and on that for coking coal also.
Search Web: Iron ore prices in Asia Monday trade are sharply lower
Recent Posts
- S&P 500 Holds Losses Despite Pullback in Short-Term Consumer Inflation Expectations
- Gold Price Forecast: Gold Threatens Larger Break, 1854 Support in Sight
- Markets Week Ahead: Dow Jones, US Dollar, Gold, Euro, Fed, CPI, China
- S&P 500 Outlook: Equities Drop Ahead of Peloton, Disney and Alibaba Earnings
- USD/JPY Forecast – Setting Up for the Next Leg Higher?