10,971.52 TRY BIST 100 BIST 100
41.97 USD USD USD
5.93 CNY CNY CNY
48.55 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
40.01 TRY Interest Interest
64.98 USD Fossil Oil Fossil Oil
66.20 USD Silver Silver
5.10 USD Copper Copper
107.59 USD Iron Ore Iron Ore
344.00 USD Shipbreaking Scrap Shipbreaking Scrap
5,417.44 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

Russian pig iron prices increased

Monday, November 3, 2025

The Customs Authority and Qatar Steel signed a Memorandum of Understanding to regulate the export of scrap iron

Friday, October 31, 2025

EURANIMI: The European Commission’s new steel plan will wipe out tens of thousands of manufacturing companies

Monday, October 27, 2025

Group Five Pipe Saudi announced plans to increase spiral pipe production capacity by 350,000 tons per year

Monday, October 27, 2025

Morocco and the Netherlands cooperate to supply green hydrogen to Europe

Monday, October 27, 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