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On Thursday, iron ore prices hit rock bottom due to slow purchases by traders after Beijing, China has resolved to heal the Chinese economy, which means decrease in demand for iron (Fe) in producing steel.
London Commodity Brokers is quoted in a report:
“There is no sign of a pick-up in the physical market.”
Click here to access […]
On Thursday, iron ore prices hit rock bottom due to slow purchases by traders after Beijing, China has resolved to heal the Chinese economy, which means decrease in demand for iron (Fe) in producing steel.
London Commodity Brokers is quoted in a report:
“There is no sign of a pick-up in the physical market.”
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