Iron ore's brutal collapse below US$100 flags more trouble ahead
#1

Wow, really go below US$100.


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Bloomberg Published on Sun, Sep 19, 2021 / 5:30 PM GMT+8 / Updated 14 hours ago


Iron ore fell below US$100 a metric ton for the first time in 14 months as China’s moves to clean up its heavy-polluting industrial sector drive down demand for the steel.

Futures prices sank to as low as US$99.50 on the Singapore Exchange and wavered around US$100 through the overnight trading session, which is daytime trading hours in the US Iron ore has plunged more than 55% since peaking in May


https://www.theedgesingapore.com/news/co...uble-ahead
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#2

That fellow down under must be banging balls.
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