Iron Ore Market: How China's Property Crisis Triggered a...

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2026-09-08 09:49:02 -

Iron Ore Market: How China's Property Crisis Triggered a Global Price Shock

Iron ore is one of those commodities where the headline market size tells only part of the story. Prices fell nearly 30% during the first quarter of 2024 as concerns over weakening Chinese demand weighed on the market, and they remained below the USD 100-per-ton level for much of the year. By the end of 2024, prices had recovered to an average of approximately USD 117 per ton, helped by efforts...

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