Seaborne iron ore sees largest single-day drop in 10 months; swaps prices slump on panic selling

Seaborne iron ore prices slumped on Tuesday February 20 in line with futures and swaps prices, with panic selling by financial institutions causing mid-grade iron ore fines to fall to their lowest prices since October, sources told Fastmarkets.

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Published

Shu Yi Zheng

February 20, 2024

13:15 GMT

Singapore