Benchmark iron ore futures in China dived to its daily trading limit on Tuesday and fell below 600 yuan ($93.75) per tonne for the first time in nearly a year due to loose supply conditions and poor demand outlook. Shipments from major miners in Australia and Brazil have been stable at relatively high levels. Iron .
Benchmark iron ore futures in China dived to its daily trading limit yesterday and fell below 600 yuan (R1 441) per ton for the first time in nearly a year, due to loose supply conditions and poor demand outlook.
Benchmark iron ore futures in China dived to its daily trading limit on Tuesday and fell below 600 yuan ($93.75) per tonne for the first time in nearly a year due to loose supply conditions and poor demand outlook.
Iron ore price in China fell below 600 yuan ($93.75) per tonne for the first time in nearly a year due to loose supply conditions and poor demand outlook.
China is facing a high profile test of its commitment to curbing industrial pollution after steel output surged in the first half of the year to well beyond its target of capping production at 2020's peak, sending emissions to new highs.