Industry News

Iron ore futures down

Views : 2
Update time : 2024-11-05 16:58:26

China’s National People’s Congress (NPC) Standing Committee is meeting over Nov. 4-8 and all eyes are on whether more stimulus measures would be unveiled to spur the economy.

The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) traded 0.78% lower at 766 yuan ($107.69) a metric ton, as of 0238 GMT. The benchmark December iron ore on the Singapore Exchange slid 1.01% to $101.7 a ton, as of 0242 GMT. It hit the lowest since Oct. 25 at $101.25 a ton earlier in the session.

Related News
Read More >>
Eurozone manufacturing PMI rises to 46 in Oct Eurozone manufacturing PMI rises to 46 in Oct
Nov .05.2024
Eurozone manufacturing PMI rises to 46 in Oct
Higher stainless steel prices in Taiwan awaiting acceptance by market Higher stainless steel prices in Taiwan awaiting acceptance by market
Nov .05.2024
Higher stainless steel prices in Taiwan awaiting acceptance by market
BMI raises average aluminum price forecast for 2024 BMI raises average aluminum price forecast for 2024
Nov .05.2024
BMI raises average aluminum price forecast for 2024
China’s stainless steel imports & exports fall in Sep China’s stainless steel imports & exports fall in Sep
Nov .05.2024
China’s stainless steel imports & exports fall in Sep