Iron Ore Faces Worst Quarter Ever

Reuters reported iron ore prices are steady going into a holiday in China even as the base metal faces its worst performing quarter ever.

As quoted in the market news:

Spot iron ore prices steadied on Friday in limited activity as China winds down ahead of a week-long holiday next week, although the raw material is headed for its worst quarter ever as China’s slowdown slashed demand.

Click here to read the full Reuters report.