Iron Ore Price Hits One Year Low on China Demand Collapse

The iron ore price sank to one year low on Friday on fears of more steel production curbs in China.

The most-traded January iron ore contract on the Dalian Commodity Exchange ended daytime trading 0.3% lower at 732.50 yuan ($113.66) a tonne. It touched 717.50 yuan a tonne on Thursday, the weakest since February 4.

View entirety: MINING.COM