SHARJAH / WAM His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member ...
Read More »Iron ore facing renewed pressure as price tumbles
Bloomberg Iron ore is facing renewed pressure and risks sliding back into the $60s, as China’s economy shows signs of cooling and global mine supply increases, while planned steel capacity cuts in the world’s biggest consumer this winter could further cut demand. Ore with 62 percent content in Qingdao fell 2.5 percent to $72.13 a dry metric ton, the lowest ...
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