Seaborne iron ore prices tumble amid fears of NDRC intervention

Iron ore prices dipped further on Tuesday November 28 in response to fears of more retaliatory measures by Chinese authorities amid high iron ore prices.

Trading in both the seaborne and portside markets visibly slowed compared to the previous week, in line with weaker buying interest from end users, sources told Fastmarkets.
Key drivers

The...

Published

Norman Fong

November 28, 2023

12:35 GMT

Singapore