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China's Iron Ore Prices Plummet Amid Weak Demand

9/3/2025

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Story summary
  • China's iron ore prices have fallen to their lowest levels since August due to reduced steel margins and weakened demand, especially from the property sector.
  • Anticipated production curbs ahead of a military parade may further decrease iron ore demand, increasing market volatility.
  • Analysts foresee a downward revision of 2025 iron ore price forecasts, predicting stabilization between $90-100 per ton.