Spot Iron Ore Prices Fall On Low Mill Demand

Base Metals Investing

Reuters reported spot iron ore prices fell in China as demand at steel mills weakened for the raw material.

Reuters reported spot iron ore prices fell in China as demand at steel mills weakened for the raw material.

As quoted in the market news:

Spot prices for iron ore cargoes to China fell on Friday as buying interest from steel mills remained tepid, with data showing a fall in industrial profits for a second straight month underlining slower domestic growth.

Click here to read the full Reuters report.

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