Weeklong rally in iron ore prices rattled by property market woes

Seaborne iron ore prices declined on Monday September 18, in line with a dip in ferrous-related futures after bullishness in the Chinese financial market started to ease, sources told Fastmarkets.

Trading of October-loading seaborne cargoes remained firm in response to strong buying interest for mid-grade sinter fines from Chinese users, sources added.
Key drivers

The most-traded January iron ore futures...


Norman Fong

September 18, 2023

12:38 GMT