China’s August coal output up on more power, chemical demand
July was the hottest month on record for China, and the heat waves continued into August.
Iron ore dropped for a seventh day, the longest losing run in more than three months, as the biggest consumer China may slow buying because of increased stockpiles. Ore with 62% content at the Chinese port of Tianjin fell 1.6% to $137.40 per tonne on…