You are here

Iron ore may drop below US$60 as China mills cut steel output in Feb

Singapore

IRON ore risks sinking below US$60 a tonne in the next two weeks, deepening a bear-market rout, as mills in China cut steel production before and during a national holiday, curbing demand as supplies expand further.

Prices may drop to less than US$60 as factories and

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom