Arab Steel Summit

March 27, 2023

Report: Iron ore prices drop amid China’s restrictions on steel production

Iron ore futures, the most traded on the Dalian Commodity Exchange for March 17-24, 2023, fell by 6.4% from the previous week – to 866.5 Yuan/t ($126.43/t). It is the second consecutive decline after reaching its highest level in 8 months. On the Singapore Exchange, April futures contracts, as of March 24, 2023, decreased by

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