Iron ore prices resume climb despite market's weaker downstream demand outlook

Seaborne iron ore prices continued to move higher on Thursday November 30 despite a weaker price outlook amid softer demand for construction materials.

Trading activity slowed from the previous day, with traders grappling with uncertainty over iron ore prices in China amid an uptick in iron ore shipments and lukewarm demand, sources told...

Published

Norman Fong

November 30, 2023

14:39 GMT

Singapore