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Iron Ore Heads for Lowest Month-End Close Since October 2022

By ChordNews · First written

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Summary

Iron ore futures in Singapore were headed for their lowest month-end close in four years, according to Bloomberg, as ample global supplies and elevated Chinese port stockpiles curbed demand.

This continues an earlier story: Iron Ore Falls to Two-Year Low as Demand Outlook Weakens

Timeline

  1. Bloomberg

    Source ↗

    Bloomberg reports that iron ore futures in Singapore were headed for the lowest month-end close since October 2022, as ample global supplies and elevated Chinese port stockpiles curbed demand.

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