Iron Ore Below $90 A Tonne

Base Metals Investing

Reuters reported iron ore prices fell further below $90 a tonne to its weakest since October 2009 as steel demand in China reached an all-time low. As quoted in the market news: Iron ore prices have dropped 36 percent since early July, the main casualty among industrial commodities of China’s slowdown, and analysts say they […]

Reuters reported iron ore prices fell further below $90 a tonne to its weakest since October 2009 as steel demand in China reached an all-time low.

As quoted in the market news:

Iron ore prices have dropped 36 percent since early July, the main casualty among industrial commodities of China’s slowdown, and analysts say they have further to fall.

Click here to read the full Reuters report.

china Iron Investing