Iron Ore Falls on Demand Concerns
Iron ore futures fell toward CNY 700 per ton, hovering near 14-month lows amid persistent concerns over demand in top consumer China. Recent data showed China’s new yuan loans posted a record contraction in July as seasonal factors and weak household credit demand weighed on lending activity. This points to subdued property and infrastructure investment, ...
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.