- Analytics
- News and Tools
- Market News
- Iron ore falls below $100/t – ING
Iron ore falls below $100/t – ING
Iron ore dipped below $100/t yesterday for the first time since mid-January, ING's commodity experts Ewa Manthey and Warren Patterson note.
Chinese steel mills are reducing production to ease pollution levels
"The move followed reports that Chinese steel mills are reducing production to ease pollution levels ahead of the annual National People’s Congress meeting in Beijing. Steelmakers in the production hub of Tangshan halted work to ensure blue skies."
"There is also speculation that the government will further mandate capacity cuts. The sector is struggling with declining domestic demand and trade tensions affecting the outlook for exports."
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
