Iron ore dropped to the lowest level in 10 months as the steelmaking material faced a double whammy of limp Chinese construction activity and a renewed surge in supply.
Futures in Singapore slumped through $US100 a tonne early Monday, tumbling almost 4 per cent. China’s years-long property crisis is still wreaking havoc on demand, while rising availability is compounding the pressure on prices.
Malaysian Anti-Corruption Commission raids lead to arrest of state official linked to illegal bauxite mining in Kuantan
Chinalco together with Dalian Liaonan Shipyard unveils joint innovation centre for ship equipment
SMM alumina price opens the week with a growth of RMB22/t; Australian alumina FOB price rises by US$37/t
