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Iron Ore Prices Hit One-Year Low as China Demand Slump Deepens

Iron ore futures in Singapore fell to their lowest intraday level in one year as deteriorating fundamentals continued to weigh on the market.

  • Iron ore prices reach one-year low due to China demand slump
  • Supply increase and Radiant World concerns worsen market slump
  • Experts predict moderate price drop to $95 per ton in 2027

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