Iron ore prices fell on Tuesday as fresh covid-19 outbreaks in China clouded demand prospects in the world’s top steel producer.
Market focus has turned to the People’s Bank of China, which could cut the rate on its medium-term lending facility on Wednesday.
China’s primary aluminium production grows 7.2% Y-o-Y in April’24 as investors bet on potential profit margin
Canada refuses to harbour Chinese aluminium and steel amidst impending US tariffs
