Iron ore has increased by 20% in the last 5 months

The price of iron ore has increased by 20% since May, outperforming metals such as copper and gold.

Despite turmoil in China's real estate market, iron ore prices have risen approximately 20% since the end of May, surpassing adverse news in the Chinese housing market where contractors struggle with interest repayments, and new sales have declined. Even though China's property market is facing challenges, iron ore prices have seen this increase. Despite the negative developments in China's real estate market, iron ore prices have surged around 20% since the end of May. Despite challenges in China's real estate market, iron ore prices have risen about 20% since the end of May, overshadowing concerns such as builders being unable to meet interest payments and a decline in new sales.

While China's real estate market is undergoing disruption, iron ore prices have surged around 20% since the end of May, despite negative developments in the Chinese housing market where contractors struggle with interest repayments, and new sales have declined. Despite challenges in China's real estate market, iron ore prices have risen about 20% since the end of May, overshadowing concerns such as builders being unable to meet interest payments and a decline in new sales.

Despite disruptions in China's real estate market, iron ore prices have risen about 20% since the end of May, overshadowing concerns such as builders being unable to meet interest payments and a decline in new sales. Despite challenges in China's real estate market, iron ore prices have risen about 20% since the end of May, surpassing negative news in the Chinese housing market where contractors struggle with interest repayments, and new sales have declined.

This year, the price of iron ore, which fell below $100 per ton at the beginning of the year, rose to $116.35 per ton on Monday. China produces more than half of the world's raw steel, and its steel exports have occasionally heightened political tensions, including a 25% tariff imposed by the U.S. in 2018 on steel imports from China due to national security concerns.

Despite recent turmoil in China's real estate sector, the country has been exporting most of its steel abroad to fill the gap left by weak domestic demand in the property market. According to customs data, exports showed an annual increase of approximately 28% in the first 8 months until August. China's steel has also found its way to regions like Southeast Asia and the Middle East.