Brazilian Vale, one of the world's largest mining companies, announced that its production increased by 1.1% in the third quarter.
Rio Tinto, one of the major mining companies, also announced that it shipped more iron ore in the last quarter, but it expects annual shipment volumes to be close to the floor level of the previously announced range due to the weakening in global demand.
Iron ore futures for November delivery, traded on the Singapore commodity exchange fell 1.4% to $90.30 per tonne.
The most heavily traded contract on the Dalian commodity exchange, the quarry iron ore futures contract closed at 68.50 yuan ($94.81) per tonne, down 1% after hitting 678 yuan on the day, the lowest level since September 7.
Rebar fell 1.4% and HRC 1.3% on the Shanghai futures exchange. Stainless steel rose 0.4%.
Dalian coke futures prices decreased by 4.1% and coke futures prices decreased by 3.9%.
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