Iron ore: the price is falling : Orishas-finance

Version Française

Iron ore: the price is falling

05/03/2025

Source : ORISHAS FINANCE

Categories: Raw materials

imprimer

Enjoy a simplified experience

Find all the economic and financial information on our Orishas Direct application to download on Play Store

Although the prospects of improved Chinese steel demand cushioned the fall, iron ore futures fell on Wednesday under the pressure of tariffs imposed by the United States and China, the largest consumer.

The most traded iron ore contract in May on the Chinese Commodity Exchange in Dalian (DCE) fell by 0.7% to 776 yuan (106.76 dollars) per metric ton at 02:49 GMT. The April reference price for iron ore on the Singapore Stock Exchange lost 1.07% to $99.75

per ton.

Rebar fell by 0.27%, hot-rolled coils fell by 0.24%, stainless steel fell by nearly 0.35%, while wire rod remained stable.

The other steel-making ingredients on DCE declined, with coking coal and coke losing 2.19% and 1.82% respectively.

Provided by AWS Translate

0 COMMENTAIRE

Vous devez être membre pour ajouter un commentaire.
Vous êtes déjà membre ? Connectez-vous
Pas encore membre ? Devenez membre gratuitement

Dans la même rubrique

07/03/2025 - Matières Premières

Voir aussi

Métaux : le cuivre de Shanghai à son plus haut niveau

07/03/2025 - Matières Premières

NEWS FINANCIÈRES