Copper and iron ore tumble as growth fears roil metals markets - Finance & Business News, Stock Market updates & Reviews | Themarkettrendz

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Thursday, 19 August 2021

Copper and iron ore tumble as growth fears roil metals markets

This week’s drop for iron ore accelerated, with futures sliding as much as 12% to the lowest since December in Singapore on expectations that Chinese steel output and consumption will weaken over the rest of the year, partly as authorities curb pollution. Prices are more than 40% below a record high reached just three months ago.

from Commodities-Markets-Economic Times
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