Iron Ore Slides on Expected Steel Production Cuts
Iron ore futures slipped toward CNY 680 per ton on Wednesday, reaching a one-week low as expectations of production restrictions across major steelmaking hubs in China’s Hebei province weighed on demand prospects. Key steel-producing cities, including Tangshan and Handan, have entered the autumn-winter air pollution control period, during which unfavorable weather conditions have periodically…
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.
