Daily iron ore price update (the thumpening)

Texture from Reuters:

Benchmark Dalian iron ore futures slumped in morning trade on Wednesday, extending losses into a third session, after China’s top steelmaking city of Tangshan issued a second-level smog alert that requires mills to further limit operations.

…The losses widened further after China outlined its annual anti-pollution plan for winter in a document released by the Ministry of Ecology and Environment.

There are 1113 words left in this subscriber-only article.

Start your free 14-day trial today!

Comments are hidden for Membership Subscribers only.