9,842.15 TRY BIST 100 BIST 100
35.97 USD USD USD
4.96 CNY CNY CNY
37.36 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
38.77 TRY Interest Interest
74.67 USD Fossil Oil Fossil Oil
32.16 USD Silver Silver
4.49 USD Copper Copper
103.89 USD Iron Ore Iron Ore
350.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,313.24 TRY Gold (gr) Gold (gr)

Demand concerns lower iron ore prices

Iron ore futures prices in China slumped as rising coronavirus cases raised concerns over demand.

Demand concerns lower iron ore prices

Iron ore prices in China fell as the rise in coronavirus cases increased uncertainty over the demand outlook.

The quarry iron ore futures contract, the most heavily traded contract on the Dalian commodity exchange, fell 0.1 percent on the day to close at 738.5 yuan ($103.27) per tonne.

December delivery iron ore traded on the Singapore commodity exchange fell 0.1 percent to $95.3 per tonne.

Reinforced steel rose 1.2 percent, hot rolled steel (HRC) coil 0.9 percent and stainless steel 2.6 percent on the Shanghai futures exchange.

Dalian coke futures prices fell 1 percent, while coke futures prices rose 0.2 percent.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

German company under investigation for steel import irregularities

Saturday, February 8, 2025

White goods sector waiting for encouragement to increase competitiveness

Saturday, February 8, 2025

What is happening in Türkiye's steel industry?

Saturday, February 8, 2025

Acciaierie d'Italia targets increased production at Taranto

Saturday, February 8, 2025

China's iron ore prices exhibit volatility

Saturday, February 8, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now