9,612.84 TRY BIST 100 BIST 100
37.83 USD USD USD
5.24 CNY CNY CNY
40.78 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
45.53 TRY Interest Interest
73.74 USD Fossil Oil Fossil Oil
34.28 USD Silver Silver
5.09 USD Copper Copper
104.03 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,761.14 TRY Gold (gr) Gold (gr)

Iron ore prices decrease in value

Iron ore prices decreased on Friday but were limited by a significant increase in demand.

Iron ore prices decrease in value

On Friday, iron ore futures on the Dalian Commodity Exchange (DCE) lost ground amid a deepening global trade war and lower demand expectations in China. The May iron ore contract ended day trade with a 0.33% decrease at CNY 757.5 (USD 104.52) per metric ton, down 3.8% on the week. Other steelmaking components on the DCE experienced a similar decrease. Coke coal decreased by 1.8% and coke by 1.76%.

Moreover, steel indices on the Shanghai Futures Exchange moved in a narrow range. Rebar and hot rolled coil prices were only slightly changed, while wire rod and stainless steel decreased by 0.38% and 0.6%, respectively.

While these developments have attracted investors' attention, the general uncertainty in the markets continues to persist.

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

The Far East and the Arctic will participate in the construction of an ice-class fleet

Friday, March 28, 2025

Molan Steel's losses increased in 2024

Saturday, March 29, 2025

South African Steel Producers' call for assistance

Saturday, March 29, 2025

Turkeybuild Istanbul is set to shape the industry

Saturday, March 29, 2025

Ashinsky Plant increased net profit by 45% in 2024

Friday, March 28, 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