Iron ore price sinks amid growing pessimism over demand outlook in China

The iron ore price plunged more than 8% on Monday as steel mills idled blast furnaces amid growing pessimism over the demand outlook in China. Benchmark 62% Fe fines imported into Northern China fell 8.18%, to $111.69 per tonne, the lowest since...

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now