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Story summary
- China’s iron ore futures on the Dalian Exchange fell to 762 yuan per ton, a 6.5-yuan drop, on June 16, 2026.
- May 2026 crude steel output rose 0.9% month-on-month.
- The output was the lowest May level since 2018 because Beijing’s capacity curbs cut production, easing ore demand.
- Industrial production grew 4.5% year-on-year in May, offset by a 0.6% decline in retail sales.
- Fixed-asset investment dropped 4.1% in the first five months of 2026.
